Jolt Capital
Jolt Capital is an independent Paris growth-equity firm founded 12 October 2011 by Jean Schmitt that scales European deep-tech B2B champions across semiconductors photonics cybersecurity advanced materials medtech and energy management. With around EUR 1.2bn AUM across 5 vintages (Jolt I 2012 plus Jolt II 2015 plus Jolt Targeted Opportunities Fund 2016 plus Jolt Capital III 2019 plus Jolt Capital IV 2021 EUR 371M plus Jolt Capital V 2025 EUR 600M first close), and a team of 45 across Paris London Tokyo Seoul and Montreal, the firm writes EUR 10M to 50M tickets into profitable B2B technology companies with EUR 10M to 100M revenues. SIREN 535249387 SAS AMF-approved. Founder Jean Schmitt is President with CEO Antoine Trannoy since January 2025. Notable exits include Heptagon 2017 to AMS up to USD 919M, NIL Technology 2025 to Radiant Opto-Electronics around EUR 300M, UnitySC 2024 to Merck KGaA, Sinequa 2024 to ChapsVision, Eyeota 2021 to Dun and Bradstreet around USD 170M.
Jolt Capital is a Paris growth equity firm with €1.2B AUM, 14 active companies and 12 exits.
- ·10 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 12 realized deals: 5 years.
- ·Top sector focus: Industrials (27% of portfolio).
- ·Fund cadence: ~3Y between vintages · last raise 2025.
Sector breakdown
26 companiesGeography breakdown
9 geographiesKey facts
Recent exits
Jolt Capital sold efficient IP to Francisco Partners in 2026 after 7 years.
Jolt Capital sold EVUM Motors to EVUM Motors s.r.o. in 2025 after 2 years.
Jolt Capital sold NIL Technology to Radiant Opto-Electronics in 2025 after 4 years.
Jolt Capital sold Sinequa to ChapsVision in 2024 after 5 years.
Coverage notes
5 funds tracked, 26 portfolio companies (14 active · 12 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Jolt Capital has raised, with its portfolio companies. Hand-checked from public filings.
Jolt Capital VGrowth2025€600M2 assetsGrowth2025 · 1yr€600M2–
Jolt Capital IVGrowth2021€371M7 assets1 exitsGrowth2021 · 5yr€371M71
Unrealized
7 held| Company | Entry |
|---|---|
| BC Platforms HealthTech · Switzerland | 2022 |
| Bioserenity MedTech · France | 2023 |
| BOYDSense MedTech · France | 2023 |
| ChapsVision Software · France | 2024 |
| Dolphin Semiconductor TMT · France | 2024 |
| Microoled Deep Tech · France | 2023 |
| Tehtris Cybersecurity · France | 2022 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| EVUM Motors Mobility · Germany | 2023 | 2025 | Trade Sale | EVUM Motors s.r.o. | – |
Jolt IIIGrowth2019€150M3 assets5 exitsGrowth2019 · 7yr€150M35
Unrealized
3 heldRealized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| efficient IP Cybersecurity · France | 2019 | 2026 | Secondary | Francisco Partners | – |
| Fogale sensation Industrials · France | 2019 | 2022 | Secondary | Capital Export | – |
| NIL Technology Deep Tech · Denmark | 2021 | 2025 | Trade Sale | Radiant Opto-Electronics | – |
| Sinequa SaaS · France | 2019 | 2024 | Trade Sale | ChapsVision | – |
| Vectaury Software · France | 2018 | 2022 | Trade Sale | Mobsuccess | – |
Jolt Targeted Opportunities FundGrowth2016€50M1 assetsGrowth2016 · 10yr€50M1–
Unrealized
1 held| Company | Entry |
|---|---|
| Alpha MOS Industrials · France | 2016 |
Jolt IRealizedGrowth2012€200M1 assets6 exitsGrowth2012 · 14yr€200M16
Unrealized
1 held| Company | Entry |
|---|---|
| Interel Industrials · France | 2017 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Blackwood Seven Software · Denmark | 2016 | 2022 | Trade Sale | Kantar | – |
| Eyeota Software · Singapore | 2017 | 2021 | Trade Sale | Dun and Bradstreet | – |
| Heptagon TMT · Switzerland | 2012 | 2017 | Trade Sale | AMS | – |
| Skill & You Education · France | 2016 | 2021 | Secondary | Andera Partners | – |
| UnitySC Industrials · France | 2016 | 2024 | Trade Sale | Merck KGaA | – |
| Verimatrix Cybersecurity · France | 2016 | 2020 | Secondary | One Equity Partners | – |
About Jolt Capital
Jolt Capital is a French growth equity firm with €10 million of assets under management as of December 2024, headquartered in Paris. Founded in 2011, the firm deploys institutional capital into established European mid-cap businesses across TMT, industrials, software, healthcare, energy and business services, targeting profitable companies seeking expansion capital, geographic build-outs or selective build-and-build M&A strategies.
Investment thesis
Jolt Capital deploys growth equity into TMT, industrials, software, healthcare, energy and business services businesses across France and selectively across Europe, targeting profitable mid-cap companies with established commercial traction seeking expansion capital, geographic build-outs or selective bolt-on M&A acceleration. Average equity tickets are calibrated for minority and significant minority stakes alongside founder and management teams, with the partnership culture emphasising operational alignment and longer-duration holding periods than traditional buyout vehicles.
Recent activity
Recent realised exits include Vectaury (TMT, 2022). The platform tracks 5 fund vehicles, 24 active portfolio companies and 1 realised exit across the strategy's history.
Portfolio platforms backed by Jolt Capital made 3 researched add-on acquisitions during its ownership.
Frequently asked questions
- What investment strategy does Jolt Capital focus on?
- Jolt Capital focuses on Growth strategies in the private equity space.
- How many portfolio companies does Jolt Capital have?
- Jolt Capital has 14 active portfolio companies and 12 completed exits and 5 funds tracked on GP Intel.
- Where is Jolt Capital headquartered?
- Jolt Capital is headquartered in Paris, France.
- What is Jolt Capital's assets under management?
- Jolt Capital manages approximately €1.2B in assets under management.
- When was Jolt Capital founded?
- Jolt Capital was founded in 2011.
- What sectors does Jolt Capital invest in?
- Jolt Capital invests across TMT, Software, Industrials, Healthcare, Energy.
- What are Jolt Capital's recent exits?
- Recent realized exits by Jolt Capital include: efficient IP (2026) to Francisco Partners; EVUM Motors (2025) to EVUM Motors s.r.o.; NIL TECHNOLOGY (2025) to Radiant Opto-Electronics; SINEQUA (2024) to ChapsVision; UnitySC (2024) to Merck KGaA; Fogale sensation (2022) to Capital Export; Vectaury (2022) to Mobsuccess; Blackwood Seven (2022) to Kantar.
Similar firms
Other private equity firms tracked on GP Intel.