Shift4Good, a Paris-based impact investment fund dedicated to decarbonising transportation, has successfully closed its first fund at €220M, surpassing its target. Launched in 2022, the fund has invested in 13 companies across Europe and Southeast Asia, focusing on innovative, sustainable transportation solutions. Key investors include Renault Group, BNP Paribas, and the European Investment Fund. Shift4Good targets Series A and B investments from €4M to €20M in startups addressing transportation-related CO2 emissions. Each portfolio company collaborates on an “Impact Plan” to ensure alignment with decarbonisation goals, reinforcing the fund’s commitment to sustainable development.