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4elements raises €27.4 million to redefine climate-focused venture building

4elements, a startup studio dedicated to the creation of environmentally-focused ventures, leverages venture building to accelerate the climate transition. Its clear objective: to transform promising ideas and technologies into viable companies capable of addressing tomorrow’s ecological and economic challenges.

Founded in 2023 by Cédric Favier and Jean-Baptiste Goffart, later joined by Cédric Boisart, 4elements operates on a unique model. By positioning itself as a cofounder, the studio intervenes at every stage, from ideation to product-market fit. This approach includes product development, strategic positioning, and industrialization. Each project is designed to address identified market needs while integrating strong technological differentiation.

A portfolio committed to impact

Since its inception, 4elements has already supported three high-potential startups:

  • Bluefins: A technology inspired by whale fins, developed with Ifremer, which enables an average 20% reduction in fuel consumption for commercial ships.
  • Cedrus Solutions: An AI-based platform optimizing the renovation of real estate portfolios, promising to cut costs and timelines by at least 60%.
  • Netcarbon: A solution developed in partnership with CNES and Inrae, using satellite data to measure and optimize natural carbon storage, targeting the agricultural sector and local governments.

The strategy of 4elements is built around a community of technological and sector-specific experts mobilized to accelerate the growth of its projects. The studio aims to launch 10 startups over five years, each benefiting from progressive funding of up to €6 million, depending on its development stage.

€27.4 million to transform the entrepreneurial ecosystem

To support its ambition, 4elements has secured €27.4 million in funding. The round was led by the European Investment Fund (EIF), in collaboration with the French Tech Acceleration Fund 2 under France 2030, Greenpact, and several family offices. This capital will enable the startup studio to intensify its efforts in addressing the climate emergency while fostering the emergence of innovative and sustainable solutions.

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