Jolt Capital Grows Its Team of Investors with the Appointment of Andrea Traversone

Jolt Capital, the leading growth private equity firm dedicated to European B2B deeptech scaleups, hires Andrea Traversone as Managing Partner. After being one of the most senior partners of Amadeus Capital Partners for 25 years, he was heading the NATO Innovation Fund (NIF) since 2023. 

Recognized for his vast experience of investing in deeptech companies, Andrea Traversone is appointed Managing Partner at Jolt Capital. This recruitment takes place at the moment when the first commitments in Jolt Capital V are announced, including the European Investment Fund who recently contributed a major amount (€260m).

Andrea has been investing in deeptech since 1998, participating to the fundraising of 7 funds, totalling more than $1B in commitments. During this period Andrea carried out 20 investments for a total deployment of $220m, with significant subsequent exits.

In 2023 he was part of the founding partners team that created the NATO Innovation Fund (NIF) and was appointed its sole Managing Partner, building and running a team of 30 professionals, and opening offices in Amsterdam (HQ), London and Warsaw. In this context, Andrea supervised the relationship with more that 20 institutional LPs, and he carried out 4 of the first 10 direct investments in the fund. 

Before leading the NATO Innovation Fund, Andrea had spent 25 years at Amadeus Capital Partners. From 1998 to 2009, he progressed from associate to partner, participating to the deployment of the vehicles Amadeus I, II and III, before being appointed to the board of the firm in 2009, a position he held until 2023. In 2013 he was promoted Managing Partner of Amadeus Capital and oversaw two different funds strategies: Amadeus Growth, where he led 4 generations of growth and secondary deeptech funds with total commitments of close to $400m, and Amadeus Digital Prosperity Fund (DPF) where he was in charge of $110m fund commitments.  

Andrea started his career as an Executive Vice President in charge of Finance of Villa Playa Dorada, a hospitality group in Costa Rica. Between 1993 and 1997 he was in charge of all financial operations of 2 hotel properties and their investment programmes and the operations of one of the two hotels. 

Andrea graduated from the London School of Economics in 1993 with a Bachelor of Science in  Economics, International Trade and Development. He also graduated from an MBA from Cambridge University in 1998. 

Quotes

“I am delighted and honoured to be joining Jolt Capital at such an exciting stage of its growth. For over two decades, I have worked alongside exceptional founders and teams across Europe, helping to scale deep-tech and transformative businesses. Jolt’s unique combination of deep tech sector expertise, growth capital, and hands-on partnership with entrepreneurs and management teams resonates strongly with my own approach to building lasting companies, generating superior returns for LPs and helping to strengthen Europe’s strategic position. I look forward to working with the Jolt team to support ambitious entrepreneurs, accelerate their global impact, and contribute to the continued success of the firm.” declared Andrea Traversone.

“Deeptech is a field of complex domains that require very specialized teams. Seasoned investors who can match Andrea’s know how and paneuropean track record in growth deeptech are rare. We know it for a fact because a few of them are already in our team. We are very excited and proud to welcome him onboard. He will not only reinforce our lineup of investing partners, but also help boost our presence in the UK.” commented Jean Schmitt, Managing Partner and President of Jolt Capital.