Jolt Capital raises €83m

The Paris-based firm will target middle-market European technology companies.

Jolt Capital held a final close on its third fund after raising €83 million.

Jolt Capital III will continue the firm’s strategy of investing in European technology companies with revenues between €10 million and €100 million. According to the firm’s press release, Jolt Capital will invest €7 million to €15 million in each portfolio company.

The Paris-based firm previously held a first close at €72 million in July.