TLDR:
- Paris-based VC Wind has closed its first €90 million for a new Article 9 fund.
- The fund aims to support sustainable Deeptech startups in essential service industries.
Equipe Wind, a Paris-based VC founded by successful entrepreneurs, has successfully closed €90 million for its new Article 9 fund. The fund, which exceeded expectations, plans to finance pioneering sustainable Deeptech startups at the Seed/Series A stage. Wind’s focus is on investing in startups that are developing highly innovative solutions in essential service industries such as food and air quality, mobility and energy, construction, and security.
Founded by repeat entrepreneurs Thierry Vandewalle and Xavier Gury, Wind has a strong background in successful company launches and exits, including WCube, a data agency sold to Publicis in 2007. With their new fund, Wind aims to support startups using technologies like decarbonation, AI, and robotics to create practical solutions for essential service industries, ensuring they can thrive in a climate-challenged world.
The fund has already invested in three cutting-edge startups, including Eclipse, Sopht, and Entroview. Wind’s investor base includes institutional players like Bpifrance and BNP Paribas, as well as over 120 successful entrepreneurs. The final closing of the fund is expected in 2025, leaving room for new strategic investors to join the journey and contribute value to the fund.
