4elements funding news – Chambéry-based 4elements Secures €27.4 Million in Funding

The funding round was led by the European Investment Fund (EIF), with additional support from France 2030’s French Tech Acceleration 2 Fund, Bpifrance, Greenpact, and several family offices.

It believes that the cost of not addressing environmental issues is higher than adapting to them, with studies showing companies could lose up to 7% of their annual revenue by 2035 due to environmental challenges.

Cédric Favier, Co-founder of 4elements said, “This round of financing will enable us to provide adapted and progressive funding, up to 6 million euros per startup, depending on the different stages of maturity of the projects, throughout Europe, with priority given to the French market,”.

The team helps create and fund startups from the idea stage to ready-for-market products. They act as Co-founders, identifying key factors for success, defining the startup's value, and preparing it for the market with product development, marketing, sales, and planning.

Read also - VitVio funding news – London-based VitVio has Secured €1.8 Million in Pre-Seed Funding

Jean-Baptiste Goffart, Co-founder of 4elements said, “We’re building a community of entrepreneurs, scientists and experts in these fields, in order to accelerate project growth,”.

About 4elements

4elements is a venture builder focused on creating a sustainable future. They build and fund companies that use tech-based solutions to fight climate change, either by co-founding new businesses or partnering with Pre-Seed startup founders.