Italy’s leading venture capital operator invests in Jolt Capital V
CDP Venture Capital SGR (part of Cassa Depositi e Prestiti group) announces a new commitment to Jolt Capital V, the fifth fund raised by Jolt Capital, an investment firm specialising in European deeptech growth companies.
The investment marks CDP Venture Capital’s entry into Jolt Capital V’s investor base and will support the fund’s strategy of backing European companies, with a focus also in Italy, developing differentiated technologies with strong potential for international growth.
With a €600 million first close and a hard cap of €1.1 billion, Jolt Capital V invests in European deeptech companies with strong international growth potential. The fund is classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR). Its investment strategy focuses notably on semiconductors, medical devices, advanced materials, applied artificial intelligence, energy management and technical software. Jolt Capital draws on its sector expertise and international network to support its portfolio companies through their different stages of growth, particularly as they expand into international markets.
Through this investment, CDP Venture Capital joins Jolt Capital V’s high-quality pool of institutional LP’s, alongside prominent sovereign wealth funds and leading international financial institutions.
CDP Venture Capital’s commitment will further strengthen Jolt Capital V’s ability to finance the growth of italian deeptech companies and support them as they scale and expand internationally. The investment also comes as Jolt Capital continues to strengthen its focus on Italy, including through its newly established office in Milan, reflecting the firm’s view of Italy as an increasingly dynamic and vibrant deeptech ecosystem.
Jean Schmitt, President & Managing Partner of Jolt Capital, said: “We are very proud to count CDP Venture Capital among our LPs for Jolt Capital V. We are grateful for the confidence they have placed in us and remain committed to identifying and supporting deeptech champions with Italian roots. We view the Italian deeptech ecosystem as increasingly dynamic and vibrant. CDP Venture Capital joins a high-quality LP base in Jolt Capital V, alongside other prominent sovereign wealth funds and leading financial institutions.”
Giacomo Valentini, Head of the International Fund of Funds at CDP Venture Capital SGR, said: “We are pleased to support Jolt Capital V and its experienced team. This commitment is fully aligned with our strategy of partnering with leading international managers that can bring value to the Italian innovation ecosystem. Through the International Fund of Funds, we continue to attract investors that work in complement to the Italian venture capital market, helping innovative Italian companies access international growth opportunities. We believe Jolt Capital is well positioned to support the development and international scaling of Italy's next generation of deeptech champions.”
[Paris/Rome, 13 Oct. 2026]