Descarbonize — Seed

Descarbonize closed an undisclosed seed investment from EIT InnoEnergy (Crunchbase dates it 1 August 2024), which gave the Brazilian-founded start-up access to the European market through a Madrid hub. ENGIE Brasil announced the deal on 7 August 2024 as an investment in the start-up, and its release says ENGIE Brasil is entitled to 10% of Descarbonize's shares. No lead investor or amount was disclosed.