A Bold Step Towards Climate Transition

Chambéry-based venture studio 4elements has significantly accelerated the climate transition by raising €27.4 million in funding. Dedicated to launching high-impact startups addressing urgent environmental challenges, the studio aims to create at least ten climate-focused startups within five years.

This funding round was led by the European Investment Fund (EIF), with strong backing from France 2030’s French Tech Acceleration 2 Fund, managed on behalf of the French government by Bpifrance. Greenpact and several family offices also invested.

With this fresh capital, 4elements is poised to foster groundbreaking innovations to reshape industries and contribute to global sustainability goals.

Why Climate Transition Matters More Than Ever

Climate action is urgent not just because of environmental concerns but also because of economic imperatives. Studies have shown that the cost of inaction far exceeds the cost of adaptation.

According to a recent World Economic Forum (WEF) and Accenture study, companies that fail to adapt to climate-related challenges could face up to a 7% revenue loss annually by 2035.

Recognizing this, 4elements is committed to building and funding businesses that tackle pressing environmental issues while ensuring profitability and scalability.

How 4 Elements is Driving Climate Innovation

4elements follows a venture studio model, meaning it actively builds, nurtures, and funds startups from the ground up. Unlike traditional investors, the studio plays an active co-founder role, providing:

• Strategic market access – Helping startups define their value proposition and secure early customers. 
• Operational expertise – Supporting innovation in product development, industrialization, and go-to-market strategies.
• Financial backing – Offering up to €6 million per startup funding, aligned with each company’s growth stage.

“Our goal is to provide tailored and progressive funding for startups across Europe, with a strong focus on the French market,” explains Cédric Favier, Co-founder of 4elements.

Meet the Innovators Behind 4elements

Founded in 2023, 4elements is led by a powerhouse team of climate-focused entrepreneurs and investors:

• Cédric Favier – A former Elaia investor with deep venture capital expertise.
• Jean-Baptiste Goffart – A venture-building specialist who drives startup growth.
• Cédric Boisart – A deep tech entrepreneur who recently joined as a partner.

Together, they build an ecosystem where entrepreneurs, scientists, and sustainability experts collaborate to launch game-changing climate solutions.

Measuring Impact Beyond Financial Returns

Unlike traditional investment firms, 4elements adhere to the AIFM directive and Article 9 of the Sustainable Finance Disclosure Regulation (SFDR), ensuring that every project is designed to create measurable environmental impact.

From inception to growth stages, 4elements integrates sustainability metrics, tracking the real-world benefits of its investments.

“We measure impact at every stage of a startup’s journey—from ideation to maturity,” explains Jean-Baptiste Goffart, Co-founder of 4elements.

This data-driven, results-oriented approach ensures that every euro invested delivers profitability and climate-positive outcomes.

A Strong Future for Climate-Focused Startups

With its latest funding, 4elements will transform the startup landscape by empowering ventures that tackle climate change through innovation.

• Expanding investment in sustainable industries like renewable energy, clean transportation, and AI-driven climate solutions.
• Bridging the gap between innovation and commercialization, ensuring climate tech startups achieve market success.
• Strengthening collaboration between investors, scientists, and entrepreneurs, creating a thriving climate innovation ecosystem.

As climate action becomes a global priority, 4elements is paving the way for a new generation of companies to drive the transition toward a more sustainable future.

A Vision for Scalable Impact

The climate transition is not just a challenge but an opportunity to redefine industries, create jobs, and build resilient economies. Investing in high-impact, scalable startups, 4elements demonstrates that sustainability and profitability can go hand in hand.

With its €27.4 million funding boost, the studio is poised to support Europe’s most promising climate innovators, ensuring they have the resources and expertise to drive meaningful change.

As corporations, governments, and consumers increasingly demand greener solutions, 4elements is at the forefront of delivering real, measurable climate impact—one startup at a time.

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