Nuvve Holding Corp. provided an update on its second quarter 2025 financial performance.
Total revenue declined in the second quarter, and cash operating losses increased compared to the same period last year.
The company raised funds through debt obligations, equity, and an underwritten public offering to support its operations and growth initiatives.
Financial Performance
Total revenue declined by $0.5 million to $0.3 million in Q2 2025 compared to the previous year, while cash operating losses increased to $5.5 million.
Fundraising Initiatives
Nuvve raised $6.9 million through debt obligations and equity in Q2 2025, with an additional $5.5 million raised through a public offering in July 2025.
Digital Asset Strategy
The company focused on its digital asset strategy, integrating recent acquisitions and bringing onboard renowned cryptocurrency strategist James Altucher to its Board of Directors.
- Nuvve experienced a transition quarter with strategic positioning at the intersection of Energy, Artificial Intelligence, and Crypto.
- The company's focus on digital asset management and technology integration positions it to lead in the global energy management transition and capitalize on cryptocurrency opportunities.
Despite revenue decline and increased operating losses, Nuvve Holding Corp. remains optimistic about its strategic positioning and readiness to capitalize on emerging opportunities in the energy and cryptocurrency sectors.