GreenGrid — Vietnam Climate Technology

The Opportunity

Vietnam’s rapid industrialization and growing commitment to carbon neutrality targets created a compelling environment for climate technology platforms. Aetherium’s regional team identified GreenGrid as a standout opportunity during routine sector screening, recognizing its unique position as the leading digital marketplace connecting voluntary carbon credit buyers with verified offset projects across Southeast Asia.

Sourcing & Evaluation

Our Ho Chi Minh City team initiated confidential discussions with GreenGrid’s founding team, assessing the company’s financial trajectory, technology platform, regulatory positioning, and management readiness for public-market expectations. We engaged independent environmental consultants to validate the integrity of the company’s carbon verification methodology.

Evaluation Highlights

• Revenue Growth: 180% year-over-year with expanding gross margins
• Market Position: Largest carbon credit marketplace in ASEAN by transaction volume
• Technology Moat: Proprietary satellite-based verification reducing audit timelines by 70%
• Regulatory Tailwinds: Vietnam’s national carbon exchange mandate creating structural demand

The Result

Aetherium presented GreenGrid to our sponsor group as a priority acquisition candidate, delivering a comprehensive investment memorandum covering financial analysis, market sizing, competitive positioning, and governance readiness. The target entered exclusivity negotiations within three weeks of the initial presentation, validating the quality of our sourcing process and the strength of the opportunity.