Paris-based venture capital firm Wind has secured €30 million for its Article 9 fund, Wind II, from the European Investment Fund (EIF) to support early-stage deep tech startups across Europe.
- Founded in 2015 by Thierry Vandewalle and Xavier Gury, Wind is a venture capital firm focused on supporting startups from pre-seed to Series A, with investments ranging from €500,000 to €4 million.
- To date, the firm has backed 90 startups, achieving 27 successful exits, including notable companies like Atelier Cologne, Reminiz, Getaround, Pumpkin, Vide Dressing, and Presence AI.
- With its new fund, Wind plans to invest in 30 startups, offering ticket sizes between €500,000 and €5 million. The focus will be on early-stage deep tech companies developing climate adaptation solutions for key sectors such as energy, mobility, food, air quality, and construction.
- Wind Fund II has already backed three startups: Eclipse, focused on energy storage; Lyon-based Sopht, specializing in green IT; and Grenoble-based Entroview, which develops battery diagnostics for gigafactories.
- The Wind II Article 9 Fund received participation from the European Investment Fund (EIF), a Luxembourg-based organization that enhances access to finance for Europe's SMEs and small mid-caps through equity investments.
"EIF's participation is not only a strong endorsement of our mission but also a bold commitment to driving sustainable innovation across Europe’s essential services and infrastructure industries," Wind's team, commented on LinkedIn.
