Access with context
Explore private growth businesses through a team that knows their history, leadership and ambitions. Understand the investment story beyond a headline valuation.
One AI wave. Two venture positions.
Capital and conviction.
Before consensus.
Private company investing focused on CUDO’s AI infrastructure and JAAQ’s mental health technology, supported by experienced operators.
Explore the investment casePrivate company investing is long term and high risk.
Your capital is at risk.
Two businesses at the heart of our focus
01 / InfrastructureCUDO↗The computing powerbehind the AI economy.02 / Mental healthJAAQ↗Technology with
people at its heart.
Capital with perspective.Est. 2020
£15mEntry valuation basis
£20.9mAugust portfolio reference
3.85×Management target MOIC · 2027/28
Target based on £57.7m portfolio value, not guaranteed proceeds. 10% dilution assumed per funding round. Capital at risk.
Better access.Better outcomes.Better futures.
01 / The Bolt approach
More than capital.
Experience, invested.
Bolt brings an operator’s perspective to private company investing. We look for businesses solving meaningful problems, then work closely with the people building them.
Active involvement
Our managing partners bring board and operational experience to the core portfolio, supporting leadership, financial discipline and the decisions that shape growth.
A focused perspective
Concentrated attention on a small number of businesses allows us to engage in depth. That focus also brings concentration risk, which investors should understand.
02 / Our core portfolio
Technology that matters.
Businesses with purpose.
Our principal focus is CUDO and JAAQ: two different businesses addressing the infrastructure and human needs of an increasingly digital world.
AI infrastructureCUDOCompute / Capacity / Scale
The infrastructure
behind the intelligence.
AI needs more than software. It needs high-performance computing, data-centre capacity and power. CUDO operates in this essential layer of the technology economy.
Why it interests us
Exposure to the infrastructure enabling AI, alongside a team with direct operational involvement in the business.
David Bell · Executive Director & CFO
Mental health technologyJAAQKnowledge / Support / Connection
A more human
use of technology.
JAAQ develops digital mental health content and engagement tools. Its focus is helping organisations connect people with accessible information and support.
Why it interests us
A business addressing a lasting human need, with opportunities to expand through organisational relationships and digital delivery.
Steve Bolton · Investor Director
These are Bolt’s principal portfolio interests, not a complete schedule of assets. Company progress does not guarantee an investment return.
03 / How we contribute
Close to the companies.
Focused on the work.
From early funding to leadership appointments and financial oversight, our approach is rooted in the practical work of building a business.
01
Support the leadership
Bring entrepreneurial judgement, challenge and experience to important decisions.
02
Strengthen the business
Help teams build the financial discipline, talent and relationships needed for their next stage.
03
Keep value in view
Support sustainable business progress and consider opportunities to realise value as they arise.
04 / People behind the partnership
Entrepreneurs.
Operators. Investors.
Different experience, a shared commitment: understanding the businesses, supporting their people and taking a long-term view.
Managing Partner
Steve Bolton
Entrepreneur · JAAQ Investor Director
Steve brings decades of entrepreneurial experience to Bolt, with a background in building businesses and connecting founders with capital, people and opportunity.
Managing Partner
David Bell
Finance leader · CUDO Executive Director & CFO
A qualified accountant and former divisional CFO and COO at Pentland Group, David brings financial and operational experience to the portfolio.
A wider circle of experience
The Bolt network brings together investors and operators with backgrounds across technology, finance, health, consumer businesses and elite sport.
An informed investment decision
Conviction starts
with understanding.
We welcome thoughtful questions about the portfolio, our involvement and the investment risks. A conversation with the team is the place to explore whether Bolt fits your objectives.
Private company investments can be difficult to sell, may be diluted by future funding and can lose all their value. A concentrated portfolio increases exposure to the performance of individual businesses. Growth ambitions and exit timings are uncertain.
Ask us about the portfolioNews & perspectives
Signals worth
paying attention to.
NVIDIA’s $96.2bn quarter brings fresh evidence of AI infrastructure demand
August results show continued expansion in the supply chain underpinning AI computing.
26 August 2026 · 2 min readRead article
UHS completes Talkspace acquisition in a major mental health transaction
A completed strategic acquisition underlines the value large healthcare groups see in digital access and distribution.
17 August 2026 · 2 min readRead article
Two essential needs. One focused investment thesis.
Bolt’s investment case connects the infrastructure that powers AI with platforms that help people access mental health support.
Perspective · 2 min readRead article
Start a conversation
A closer look
at Bolt Capital.
Speak with Steve about the portfolio, our approach and the information available to prospective investors.
Contact Steve Bolton s.bolton@bolt.partners