This deep tech PE firm was drawn to Canada by the data

Jolt Capital
Paris-based Jolt Capital was shocked by the investment opportunities in Canada.

We are a little myopic at BetaKit. A little navel-gazey.

Intentionally so! It’s part of the reason why we are now the AWARD-WINNING PUBLICATION OF RECORD FOR CANADIAN TECH AND STARTUPS.

“In Canada today … if you look at the inventory of 20,000 great technology companies, 60 percent of those have never met an investor. Because they’re really busy at meeting customers.”

Jean Schmitt

But that focus can lead to blind spots, which is why it’s so great to get an outsider’s perspective. And Jean Schmitt, managing partner of Jolt Capital, has a great one.

His deep tech private equity (PE) firm just landed its North American HQ in Montréal, having snagged friend of the pod Clement Bourgogne from Scale AI.

Jolt Capital is open for business, eager to take advantage of the opportunities they see in Canada, backed by data and perhaps… a more sophisticated take on the global state of venture-backed tech companies, including the tooling it’s using to identify potential investment targets.

Now, I’m being cheeky, but it’s always fun to bring on a guest with a take counter to the common narrative, particularly when it’s backed up with data and dollars.

So, what is Jolt Capital’s plan for Canada?

Let’s dig in.

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The BetaKit Podcast is hosted by Douglas Soltys & Rob Kenedi. Feature image courtesy Jolt Capital.

Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.

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