Exhibit 1

JOINT FILING AGREEMENT

PURSUANT TO RULE 13d-1(k)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning her, him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that she, he or it knows or has reason to believe that such information is inaccurate.

	Date: August 5, 2025

	CGC III SPONSOR LLC

	By:	/s/ Peter Yu
	Name:	Peter Yu
	Title:	President and Manager

	PANGAEA THREE-B, LP

	By:	Pangaea Three GP, LP
	Its:	General Partner

	By:	Pangaea Three Global GP, LLC
	Its:	General Partner

	By:	/s/ Peter Yu
	Name:	Peter Yu
	Title:	Managing Member

	/s/ Peter Yu
	Name:	Peter Yu

Cartesian Growth Corp III SCHEDULE 13G