Jolt Capital has made its first investment in Quebec by acquiring part of Dolphin Design's semiconductor activities for nearly 40 million Canadian dollars, aiming to establish a strong operational base in North America.

Information on the Target

Jolt Capital has announced its inaugural investment in Quebec through the acquisition of specific semiconductor design operations from Dolphin Design. Renowned for its leadership in semiconductor solutions, Dolphin Design has transferred its intellectual property (IP) design activities related to power management and analog signals. This division was previously part of the Soitec group, and through this deal, Jolt Capital aims to consolidate its expertise within the semiconductor industry and establish a dedicated Canadian entity, now operating under the name Dolphin Semiconductor.

Dolphin Semiconductor plans to enhance its operational capabilities with its headquarters based in Montreal. With a dedicated development plan, the investment will inject capital directly into the Quebec entity, thus reinforcing the local technological innovation ecosystem. The expansion will also include an increase in workforce, with a focus on recruiting talent that can accelerate the development of IP blocks already sold to top-tier suppliers.

Industry Overview in Quebec

Quebec has positioned itself as a hub of innovation within the technology sector, particularly in deep tech and semiconductor design. The province boasts a high-performance innovation ecosystem supported by a rich network of research i