CDP Venture Capital’s Fondo di Fondi Internazionale invested an undisclosed amount in Jolt Capital V, a vehicle of French Jolt Capital that targets growing European technology companies that achieved a 600 million euros closing and set a hard cap of 1.1 billion (statement of CDP an of Jolt Capital). CDP Venture Capital retained Greenberg Traurig.
The aim of the Italian firm’s investment is to strengthen innovative Italian companies’ access to international capital earmarked for advanced technologies and to support their expansion into foreign markets. Jolt Capital recently opened an office in Milan.
In 2025, the vehicle attracted a commitment of 260 million euros from the European Investment Fund (EIF) with the support of the European Tech Champions Initiative (ETCI), a European programme for financing technology scale-ups. The EIF’s investment formed the lead subscription for the first closing of 600 million, announced in November 2025. (September 2025 press release and November 2025 statement).
Jolt Capital V invests in European companies in the B2B deep-tech sector at the growth stage, which are active in the development of software and hardware technologies. Key sectors of interest include semiconductors, medical devices, advanced materials, applied artificial intelligence, energy management and technical software. The fund is compliant with Article 9 of the European SFDR regulation on sustainable investments.
Jean Schmitt, chairman and managing partner of Jolt Capital, said: “We are very proud to count CDP Venture Capital amongst our LPs for Jolt Capital V. We are grateful for the trust they have placed in us and remain committed to identifying and supporting deep-tech champions with Italian roots. We consider the Italian deep-tech ecosystem to be increasingly dynamic and vibrant”.
The French fund manager plans to use Jolt Capital V to finance the growth of around twenty European deep-tech companies. Jolt Capital is active since 2012 and developed an investment model that combines industrial expertise, support for portfolio companies and proprietary analytical tools, including the Jolt.Ninja artificial intelligence platform, whose database includes around five million companies.
Giacomo Valentini, the head of CDP Venture Capital Fondo di Fondi Internazionale, added: “This investment is fully in line with our strategy of partnering with leading international fund managers capable of adding value to the Italian innovation ecosystem. Through the International Fund of Funds, we keep attracting investors whose activities complement the Italian venture capital market, helping innovative Italian companies to access opportunities for international growth”.
Fondo di Fondi Internazionale, born in 2023, has resources of 305 million euros, split between CDP Equity and Simest, and a portfolio of nine funds. The firm invests in funds of international managers that commit to allocating resources to Italian businesses and maintaining a local presence. The strategy covers various sectors of technological innovation, from digital to life sciences, and all stages of development, from seed to growth capital.
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