The Goodwin Paris Private Investment Funds team advised Jolt Capital, an independent private equity firm specializing in growth investment in European deeptech companies, on the €100 million extension of Jolt Capital IV, following the reopening of its fourth fund early 2023, to reach €371 million total.
The existing investors contributed 60% of the €100M extension, with the participations of newcomers, including a European sovereign wealth fund and several large family offices.
Jolt Capital IV pursues a similar investment strategy to Jolt Capital’s predecessor growth funds. It will invest in growth-stage B2B tech companies (software and hardware), with primary focus on Europe and ticket sizes now ranging from €10M to €50M.
The vehicle is now committed to 40% of the increased amount and has already made 6 investments in high-growth European deeptech companies, including the Finnish company Virta.
The Goodwin team was led by Sarah Michel and included Marie-Laure Bruneel.