Scaleup programmes

Back to programmes

Programme

Molten Ventures

Finance and Risk Capital

Impact for scaleups

41

UK companies backed

44%

Follow-on investments

39%

Investment outside of London

37

Growth-stage investments

Key sectors

Building & Construction Manufacturing / Advanced Manufacturing Creative, digital, film, games & media Professional services Defence & security Technology & Communications Engineering / Advanced Engineering Transport & Logistics Environmental Science & Technology Farming, fisheries & forestry Finance Food & drink Healthcare Impact ventures / Social Impact Life Sciences & Biotech

Molten Ventures invests in venture and growth-stage companies based in Europe. Founded in 2006 as Draper Esprit, it has offices in London, Dublin and Cambridge and invests primarily in four sectors: consumer technology, enterprise technology, hardware and electronics, and digital health and wellness. 

The firm invests in disruptive, high-growth technology companies. It says that it looks for the brightest thinkers with the best teams in tech, and backs them for the long term. Notable scaleups which it has supported include microchip design firm Graphcore, blockchain security firm Ledger, and the fintechs Thought Machine and Form3.

The firm is listed on the Main Market of the London Stock Exchange with a secondary listing on Euronext Dublin. The firm says that this demonstrates how “publicly listed venture capital is a powerful force for supporting entrepreneurs on their own long-term journeys to outsized success” and that its “public listing and multi-fund model enable us to provide entrepreneurs with backing across their companies’ life cycles, fuelling the best businesses for longer.”

In its financial year to March 2023, it made £138m of investments from its balance sheet and a further £48m from EIS/VCT funds. £112m in primary investments, compared to £128m in the previous year.

Molten Ventures website