Molten Ventures logo

Molten Ventures

Europe, England, United Kingdom, London

Description

Molten Ventures, formerly known as Draper Esprit, is a prominent London-based venture capital firm with a distinctive position as one of Europe's largest publicly listed VCs. Trading on both the London Stock Exchange (LSE: GROW) and Euronext Dublin, the firm was established in 2006 and rebranded in 2021. Molten Ventures specializes in investing in high-growth, disruptive technology companies across various sectors. Its public listing provides a unique advantage, offering investors liquidity and diversified exposure to a portfolio of private tech assets, a model less common in the traditional VC landscape.

Molten Ventures primarily targets Series A, B, and C funding rounds, demonstrating a commitment to supporting companies through crucial growth phases. Their typical initial investment ranges from £5 million to £25 million, which translates to approximately $6.35 million to $31.75 million based on recent exchange rates. The firm is largely sector-agnostic within the technology space, with a portfolio spanning enterprise software, fintech, healthtech, deep tech, and consumer technology. This broad approach allows them to capture innovation across diverse segments of the digital economy.

Beyond providing capital, Molten Ventures aims to be a strategic partner, leveraging its extensive network and operational expertise to support its portfolio companies' scaling and international expansion. Their portfolio includes notable companies such as Revolut and Graphcore, alongside successful exits like UiPath and Trustpilot. In the fiscal year 2023 alone, Molten Ventures deployed approximately £109 million into new and follow-on investments, underscoring their active role in the European tech ecosystem. Their long-term strategy focuses on identifying and nurturing companies with the potential for significant market disruption and value creation.

Investor Profile

Molten Ventures has backed more than 229 startups, with 11 new investments in the last 12 months alone. The firm has led 111 rounds, about 48% of its total and boasts 49 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Germany.
  • Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
  • Led 7 rounds in the past year.
  • Typical check size: $6.3M – $31.8M.

Stage Focus

  • Series A (23%)
  • Series B (22%)
  • Series Unknown (21%)
  • Series C (14%)
  • Seed (7%)
  • Series D (6%)
  • Series E (2%)
  • Private Equity (1%)
  • Debt Financing (1%)

Country Focus

  • United Kingdom (54%)
  • United States (19%)
  • Germany (6%)
  • Ireland (5%)
  • France (5%)
  • Finland (2%)
  • Denmark (2%)
  • The Netherlands (1%)
  • Switzerland (1%)
  • Sweden (1%)

Industry Focus

  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Analytics
  • Saas
  • E-commerce
  • Semiconductor
  • Financial Services
  • Fintech
  • Health Care
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Molten Ventures frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 8
Earlybird Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 10
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 7
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 8
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 7
Bosch Ventures
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 10
Prelude Trust
Europe, England, United Kingdom, London
Co-Investments: 11
Amadeus Capital Partners
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 16
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 14
IQ Capital
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 13

Which angels does Molten Ventures often collaborate with?

CB
Europe, England, United Kingdom, London
Shared Deals: 1
AW
Europe, Hessen, Germany, Frankfurt
Shared Deals: 1
G"
North America, California, United States
Shared Deals: 1
David Evans
Oceania, New South Wales, Australia, Sydney
Shared Deals: 2
WR
Europe, England, United Kingdom, London
Shared Deals: 2
SG
North America, New York, United States, New York
Shared Deals: 1
PA
Europe, Ile-de-France, France, Paris
Shared Deals: 1
BW
North America, California, United States, Benicia
Shared Deals: 1
AE
Europe, England, United Kingdom, London
Shared Deals: 2
JM
North America, Massachusetts, United States, Cambridge
Shared Deals: 2

What are some of recent deals done by Molten Ventures?

Valarian Technologies

London, England, United Kingdom

Valarian Technologies is a provider of data sovereignty infrastructure for enterprises and government institutions.

Communications InfrastructureComplianceSecuritySoftware
SeedMay 8, 2025
Amount Raised: $7,000,000
Hilo

Neuchâtel, Neuchatel, Switzerland

Hilo is a healthcare company that provides blood pressure, digital therapeutics, and patient management services.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMedical DevicePersonal HealthWearables
Series BMay 1, 2025
Amount Raised: $42,000,000
Manna Air Delivery

Dublin, Dublin, Ireland

Manna provides drone delivery as a service stack to restaurant chains, dark kitchens, and online food delivery platforms

DronesE-CommerceFood DeliveryLogistics
Series UnknownMar 26, 2025
Amount Raised: $30,000,000
Renew Risk

London, England, United Kingdom

Renew Risk is a developing software for the management of renewable energy assets

FinTechInsurTechRenewable Energy
Series UnknownFeb 13, 2025
Amount Raised: $6,144,029
Sightline Climate

Scarsdale, New York, United States

Sightline Climate clarifies climate tech expansion and deployment through data-driven insights and tactical intelligence.

Business IntelligenceMarket ResearchMarketplace
SeedJan 27, 2025
Amount Raised: $5,500,000
BeZero Carbon

London, England, United Kingdom

The carbon ratings agency.

Information ServicesInformation Technology
Series CJan 16, 2025
Amount Raised: $32,000,000
Deciphex

Glasnevin, Dublin, Ireland

Deciphex builds a network of AI empowered pathologists ensuring accessible pathology services that improves patient outcomes.

Artificial Intelligence (AI)Health DiagnosticsSoftware
Series CJan 7, 2025
Amount Raised: $32,202,774
SatVu

London, England, United Kingdom

SatVu - An Earth Observation and satellite imagery analytics company deriving insights into economic activity

AerospaceAnalyticsGeospatial
Series UnknownNov 27, 2024
Amount Raised: $12,677,228
PocDoc

Cambridge, Cambridgeshire, United Kingdom

PocDoc is a digital health platform that develops apps for monitoring and testing cardiovascular, metabolic, and renal diseases.

Health CaremHealthPersonal HealthWellness
SeedNov 26, 2024
Amount Raised: $6,190,073
Concretene

Manchester, Manchester, United Kingdom

Concretene is a concrete alternative that is designed to provide a viable CO2 reduction technology in the construction industry.

Building MaterialConstruction
SeedOct 14, 2024
Amount Raised: $3,920,134