Paris-based Jolt Capital was shocked by the funding alternatives in Canada.
We are a little bit myopic at BetaKit. A bit navel-gazey.
Intentionally so! It’s a part of the motive why we are actually 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 nice to get an outsider’s perspective. And Jean Schmitt, managing companion of Jolt Capital, has an amazing one.
His deep tech personal fairness (PE) firm simply landed its North American HQ in Montréal, having snagged buddy of the pod Clement Bourgogne from Scale AI.
Jolt Capital is open for enterprise, keen to benefit from the alternatives they see in Canada, backed by data and maybe… a extra subtle tackle the international state of venture-backed tech firms, together with the tooling it’s utilizing to determine potential funding targets.
Now, I’m being cheeky, however it’s at all times enjoyable to convey on a visitor with a take counter to the widespread narrative, notably when it’s backed up with data and {dollars}.
So, what’s Jolt Capital’s plan for Canada?
Let’s dig in.
Subscribe: Apple Podcasts, Spotify, YouTube, Overcast, Pocket Casts, RSS
PRESENTED BY
The BetaKit Podcast is offered by AWS Startups: AWS Activate helps startups scale back prices and enhance pace to market.
AWS helps startups convey their concepts to life by AWS Activate. As you construct and scale your enterprise, Activate credit develop with you to help your altering wants. If you’re an AWS Activate member, you might be eligible for up to $100,000 in credit to assist offset your AWS invoice.
Visit AWS Activate to get began.
The BetaKit Podcast is hosted by Douglas Soltys & Rob Kenedi. Feature picture courtesy Jolt Capital.