Shift4Good focuses on sustainable mobility and the circular economy, with a fundraising target of €300 million. A first closing of the fund at more than €100 million euros was announced on 18 October. Shift4Good will invest in around 30 start-ups over the next five years. These investments aim to accelerate their development, enabling them to become international champions and thus contribute, through their innovations, to reducing the carbon footprint of the mobility sector. The first two investments will be announced in October. The InvestEU program provides the EU with crucial long-term financing to support a sustainable recovery by mobilizing significant public and private funds. It contributes to major European priorities, such as the European Green Deal and the digital transition. The InvestEU Fund budget guarantee of €26.2 billion is expected to leverage at least €372 billion in additional investment.