JOLT CAPITAL BECOMES A JEDI PARTNER
Media Release
December 19
Paris, Berlin, Brussels, London, Rome, Warsaw
Jolt Capital and the Joint European Disruptive Initiative (JEDI) have announced that Jolt Capital is becoming a JEDI Partner. Jolt Capital is a private equity firm that invests in European technology companies on the cusp of global growth. The Joint European Disruptive Initiative (JEDI) is the precursor to an advanced research projects agency (European ARPA), with a mission to achieve European tech leadership and sovereignty by launching moonshot technology programs.
This partnership gives Jolt Capital access to JEDI’s insights, leaders, and to the largest deeptech ecosystem in Europe. JEDI leverages this network to push the frontiers of science and technology through its Moonshot programs in Energy & Climate, Life Sciences, as well as Computing & Space (AI, Cyber, Quantum, HPC). This represents a unique access to deeptech talents, tech foresight, key policymakers & disruptive technologies. Jolt Capital intends to deepen its engagement alongside JEDI in 2025.
“We have followed JEDI’s relentless work very closely and have been genuinely impressed by both the boldness and the diversity of JEDI's moonshot programs and technology foresight. Now is the right time to push the door, and become an official partner”, commented Jean Schmitt, President and Managing Partner at Jolt Capital. ”JEDI is focused on building the best first-stage booster for Europe's bleeding-edge innovation rocket: leveraging the best scientific and technological talent and building the precursor of a fully functional European ARPA. As an investor in growth deeptech, this is exactly the kind of humus we thrive on! The more JEDI nurtures European disruptive technologies, the more investors like us can turn the most promising into global champions. We both strongly believe that Europe can still play a leading role in the technological century, by being much bolder and slashing bureaucracy in R&D, and focusing on the “Next Big Thing”. That's why joining them was definitely a no brainer, and we are delighted to become JEDIs"
André Loesekrug-Pietri, Chairman & Scientific Director of JEDI added “The current technological acceleration presents a unique opportunity for Europe to reshuffle the cards and create the future we want — provided later access to investors and buyers to scale the breakthroughs. That is why I am excited to welcome Jean Schmitt as a JEDI, and Jolt Capital as a JEDI Partner“. He noted that "JEDI’s ecosystem of 6000 science & tech leaders, and our world-class moonshot councils help us anticipate the next breakthroughs to focus on, identify emerging deeptech leaders and launch moonshot programs with a radical method based on purpose-driven research, max speed, excellence, deep interdisciplinarity, and bold risk-taking. Easier acces to top-notch investors such as Jolt Capital will also support JEDI’s mission to scale solutions and solve some of the most pressing challenges of our time in energy, biotechnologies and computing.