Generative AI analytics firm GenIP has continued its global expansion with a fresh partnership with a Brazilian government agency to support innovation in the clean energy space.
The AIM-listed firm has secured an agreement to provide its artificial intelligence-enhanced assessment services to a prominent government research funding body.
The partnership will support a state-backed bioenergy programme aimed at advancing sustainable energy innovation across the country. GenIP’s AI-driven analysis will guide critical decisions regarding the commercial viability of cutting-edge bioenergy technologies.
The Brazilian engagement represents GenIP’s deal in the country, positioning the company to capitalise on the growing demand for technology evaluation services across Latin American markets.
The government agency, which ranks amongst Brazil’s principal funders of scientific and technological research, selected GenIP’s platform to help identify the most promising innovations for potential commercialisation.
GenIP also unveiled its attendance at leading technology transfer and innovation events in the UK and US to support its marketing initiatives.
Today’s announcement builds on recent developments demonstrating GenIP’s global ambitions. In March, GenIP announced a $0.35m contract win with a Saudi Arabian institution, which was closely followed by another contract with a Singapore-based research institute.
“We’re excited to announce GenIP’s expansion into Brazil. This new partnership with a Brazilian government agency reflects the success of our Latin American outreach and highlights the significant opportunity in the region,” said Melissa Cruz, CEO of GenIP.
“Demonstrating GenIP’s ambition to become the global leader in AI-powered technology commercialisation services, our participation in leading tech transfer events this June will allow us to deepen relationships and engage new clients in both the UK and the United States.”