Shift4Good, an international impact investment company, has sealed its first fund at €220 million. It is one of the largest venture capital initiatives entirely focused on sustainable transportation solutions. The fund will be channeled to groundbreaking startups committed to decarbonizing and making transport systems around the world more efficient.

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About Shift4Good

Founded in 2022 by Matthieu de Chanville, Sébastien Guillaud, Yann Marteil, and Thierry de Panafieu-a quartet of experienced French investors-Shift4Good is a venture capital company focused on bringing sustainable innovation to the transportation sector. It is established with offices both in Paris, Singapore, and Luxembourg to strongly influence the two market streams from both European and Asian sides. 

Shift4Good invests in solutions scalable and technology-driven with the ambition to decarbonize and make transportation ecosystems more efficient worldwide. 

The €220 Million Fund: A Decade Achievement

The successful close of the €220 million fund is a significant milestone for Shift4Good. This success not only highlights the firm’s commitment to sustainable transportation but also the growing investor confidence in the potential of green mobility solutions. The fund has attracted a diverse set of investors from Europe and Asia, including Tier-1 corporates, institutional investors, and family offices. Some of the notable LPs are as follows:

• Renault Group
• BNP Paribas Group
• Bpifrance
• European Investment Fund (EIF)
• Capricorn
• This diverse support underlines the wide-ranging support for efforts to transform the transportation sector towards sustainability

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Investment Strategy and Focus Areas

Shift4Good’s investment strategy is focused on Series A and Series B funding rounds, with individual investments ranging from €4 million to €20 million. The firm focuses on transformative startups in all transportation sectors, including rail, road, air, and maritime. 

• The main focus areas include: Invest in companies that are developing electric vehicle technologies and support infrastructure.
• Backing startup firms providing innovation for short-distance transportation solutions such as e-scooters and bike-sharing.
• Firms focusing on battery recycling and sustainable lifecycle management
  Companies taking leading roles in researching and development of hydrogen as a clean energy source for transportation.
• AI-Powered Energy Efficiency: Software investments focused on AI to maximize energy efficiency in transportation.

Focusing on these themes, Shift4Good works towards solving some of the critical environmental issues associated with the transport sector, which generates about 20% of the world’s CO2 emissions.

Portfolio Highlights

From its inception, Shift4Good has invested in 13 companies from seven European and Southeast Asian countries. Among the companies, some portfolio names are worth mentioning:

• Laka (London, UK): An innovative insurance provider specializing in micromobility, offering coverage for cyclists and e-scooter users.
• Neu Battery Materials (Singapore): A company focusing on battery recycling and circularity, aiming to make battery usage more sustainable.
• Vapaus (Helsinki, Finland): A pioneer in corporate mobility solutions, providing businesses with sustainable transportation options for employees.
• Shippeo (Paris, France): Offers real-time supply chain visibility to optimize logistics and reduce emissions.

These investments mark Shift4Good’s commitment to backing companies at the forefront of sustainable transportation innovation.

Future Plans and Objectives

Looking ahead, Shift4Good will broaden its portfolio of 25 to 30 companies, further spreading its investments over the sustainable transport landscape. Shift4Good commits to finding and sponsoring those startups most likely to dominate the global future of decarbonizing transportation. 

By providing more than just capital, but rather strategic guidance in addition to capital, Shift4Good aims to advance the development and deployment of these technologies that will define a new future for mobility.