SHIFT4GOOD completes its first closing over €100m to invest in sustainable mobility start-ups

The impact investment fund stands out for its sectoral expertise in sustainable mobility, and its strategic and operational support for innovative companies with high growth potential.

Shift4Good, the first global independent venture capital fund with an environmental impact dedicated to sustainable mobility, announces the first closing of Shift4Good Fund 1 with major institutional partners and companies in the mobility sector based in Europe and Asia, including Groupe Renault, the European Investment Fund (EIF) through its new European investment program InvestEU and Bpifrance. It also counts amongst its investors various mobility players (major suppliers or equipment manufacturers) as well as Family Offices and entrepreneurs who wish to actively participate in the success of sustainable mobility start-ups.

Given that the transport of people and goods has a carbon impact of 8 billion tonnes each year, Shift4Good focuses on smart and sustainable mobility, with a fundraising target of €300 million.

This investment fund, classified as SFDR «Article 9», meets the strictest sustainability criteria in the European taxonomy.

Find out the full press release here