Jolt Capital, a European private equity firm focusing on growth deeptech, has announced the first close of its new fund, Jolt Capital V, at €600m, with a hard cap of €1.1bn. The first closing is supported by a base of sovereign wealth funds, some already familiar with Jolt Capital and others subscribing for the first time.
Other categories of investors (insurance companies, European banks and pension funds, family offices) are also represented, with several LPs having subscribed to previous vintages and others investing in Jolt Capital for the first time. This first closing includes the cornerstone investment of €260m made by the European Investment Fund with support from the ETCI program, announced in September 2025.
The fundraising for this new vintage comes alongside the expansion of Jolt Capital’s teams, now numbering 45 people, with the recent opening and consolidation of several offices abroad (Canada, Japan, South Korea).
