Following the reopening of its fourth fund in early 2023, Jolt Capital, an independent private equity firm specialising in growth investment in European deeptech companies, has closed a €100m extension, bringing total funds raised to €371m.
The extension attracted commitments from existing investors as well as newcomers, including a European sovereign wealth fund and several large family offices.
Jolt Capital IV, which has already made six investments in high-growth European deeptech companies, has retained its original objective and timetable, which is to invest in a dozen firms by the end of 2024.