Vidia Equity closes oversubscribed Climate Fund I at €415 million hard cap

Vidia Equity, a thematic investor in industrial decarbonisation climate solutions, has held a final close of its debut fund, Vidia Climate Fund I. At €415m, the fund was oversubscribed, closing at its hard cap.

Founded by Johanna Struthmann and Dr. Stephan Rosarius, Vidia was established to identify and scale industrial climate solutions with an operational approach, addressing the urgent need for decarbonisation within DACH and beyond. Now a team of 18 professionals, together the firm has 50+ years of shared industrial investing experience and combines investment, sustainability and operating excellence in the DACH and Nordic regions. Vidia is headquartered in Munich.

The Fund received strong interest from investors globally, attracting sizeable commitments from highly regarded European and North American institutional LPs, including public pension funds, insurers, global PE consultants, endowments and foundations.

The Fund is classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR). Vidia has developed a bespoke climate impact framework and scorecard for its screening and investment process.

Fund I has already completed two investments: BPM – a leading German mechanical recycling specialist and Wierig Group – a leading player for large industrial flat roof refurbishments and solar installation.

Rede Partners is delighted to have supported Vidia as global placement advisor. Against a challenging market backdrop, we are immensely proud to have partnered with Vidia to raise this highly successful first-time fund and look forward to our continued partnership.