Vidia Equity, a Munich, Germany-based thematic investor in industrial decarbonization climate solutions, closed Vidia Climate Fund I, at €415m.
The Fund received interest from investors globally, attracting sizeable commitments from European and North American institutional LPs, including public pension funds, insurers, global PE consultants, endowments and foundations.
Founded by Johanna Struthmann and Dr. Stephan Rosarius, Vidia has been set-up to identify and scale industrial climate solutions with an operational approach, addressing the urgent need for decarbonization within DACH and beyond.
The firm invests in mid-market solutions within three core themes across the most emission-intensive sectors: Industrial materials, Electrification and Circular economy. Vidia will focus on emission reductions in five of the most emission-intensive sectors: Energy, Industrials, Transportation, Buildings and Food & Agriculture.
The firm is seeking companies with:
- Sales between 30-300m EUR
- Focus on DACH and Nordics
- Growth and mature buyouts with proven product or service
- EBITDA and cashflow positive
The Fund is classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR). The firm has developed a climate impact framework and scorecard for its screening and investment process. The team of 18 professionals have 50+ years of shared industrial investing experience.
Fund I has already completed two investments: BPM – a German mechanical recycling specialist producing regranulates and regrinds from post-industrial plastic waste, and Wierig Group – a service player in the market niche of large industrial flat roofs complementing energy-efficient refurbishment with the installation of photovoltaic- and other alternative energy systems.
FinSMEs
19/01/2024