About Molten

About us

For twenty years, Molten has been backing the founders and innovators driving Europe’s technology transformation. We invest more than capital. We bring experience, energy, and partnership to help visionary companies scale faster and go further. Our mission is simple: to make more possible for the people building the future.

For founders, we provide companies with capital, support, and expertise to help them achieve their growth potential while mitigating risk.

For investors, we provide access to an actively managed portfolio of high-potential companies capable of generating outsized returns on invested capital. We typically invest at the Series A and B stages where there is demonstrable value through proven demand and scaling of a proven business model. We reinvest our returns from portfolio company exits into compelling new or follow-on investment opportunities and portfolio development to create a virtuous circle of growth and value creation.

Since Molten’s IPO

We offer all investors access to private companies, in the high growth phase. Entrepreneurs come to us once they’ve initially proven their idea, and are ready to grow. We’re providing a rare opportunity to invest in companies that aspire to be attractive candidates for acquisition or IPO, with valuations from $50m to $1bn and beyond.

The Molten Team at London Stock Exchange

George Chalmers, Franco Danesi, Ben Wilkinson and Inga Deakin

Our Secondaries Team: Malcolm Ferguson, Steven Mendel & Nick Sando

Inga Deakin & Rhiannon White (Clue) at Investor Day

Andrea Kerwat at our Corporate Innovation Event

Richard Marsh at our EIS & VCT Investor Event

Luke Smith at our Corporate Innovation Event

Our Portfolio Corporate Innovation Event

About Venture Capital

Venture capital firms provide investment to earlier stage private companies to help them grow rapidly. Investors are attracted to venture capital for its potential to generate significant returns. Independent research from the BVCA suggests that European private equity and venture capital has delivered a net IRR of 15% per annum on a pooled basis.

The technology sector offers one of the highest growth rates and returns on investment due to tech’s disruptive nature and huge global markets. We invest in four core sectors, within these broad categories we capture the companies at the forefront of generational shifts in technology, including in the areas of: Fintech; Climate Tech; Space Tech; and AI.

Enterprise & SaaS Technology

AI, Hardware & Deeptech

Consumer Technology

Digital Health & Wellness

Our Process

Molten carefully selects, invests in, and then supports companies that we believe have the potential for outperforming growth rates in global markets. We look to realise significant returns on invested capital when we exit - typically through trade sales to multi-national companies, private equity buyouts and IPOs having grown our investment through support and active management over a number of years. Returns are then reinvested to create ongoing growth and value creation.

Investing in Tomorrow's Market Leaders

We look to realise significant returns on invested capital when we exit - typically through trade sales to multi-national companies, private equity buyouts and IPOs having grown our investment through support and active management over a number of years. Returns are then reinvested to create ongoing growth and value creation.

Mitigating Risk

Venture capital comes with the possibility for higher levels of reward, but also increased risk due to the nature of earlier-stage investing. It is a feature of the VC model that ‘winners’ within a portfolio often outweigh fair performers or underperformers in terms of returns profile. We look to derisk the investment strategy for investors by applying our long-standing expertise, including through:

Screening of thousands of potential investments
Maintaining a diverse and balanced portfolio - over 100 companies currently
Active support for our companies, both financial and non-financial - including sitting on boards, engaging on business development, and talent sourcing
And typically holding of the investment equity through preference shares, which helps to shield us from downside risk

Financial Discipline

We apply prudent valuations to our portfolio companies in line with IPEV Guidelines, with the intent that our exits typically happen at or above the latest portfolio holding value as demonstrated by our performance in the last financial year.

We also have a clear capital allocation policy, balancing the pipeline of new investment opportunities with the ability to drive returns to shareholders through share buybacks, while maintaining sufficient reserves.

Alongside the money we invest from our balance sheet, we also manage capital for other investors including through our EIS and VCT funds, which co-invest alongside us. This helps facilitate access to the best deals.

Our Track Record

We have backed some very notable names from early days to market leading positions, and we are backing some of the technologies making a major difference to society today.

Aircall is a leading cloud-based phone system, trusted by over 20,000 businesses globally. Their AI-powered platform transforms business communications, automating repetitive tasks, optimizing call routing, and delivering actionable customer insights.

Investing app on a mission to get everyone investing by making it simple and commission-free, with a stockbroker you can trust.

Ledger provides industry-leading hardware wallets and software for securely buying, storing, and managing cryptocurrencies and NFTs, protecting users from sophisticated cyber threats and hacks.

Intelligent information management that locates needed documents and automates tedious tasks, saving you time and money to grow your business.

Revolut is a global neobank offering accounts, cards, payments, currency exchange, crypto, and investments through a single app, serving over 60 million customers worldwide.

Thought Machine’s Vault platform gives banks full control to build, launch, and run any financial product or payment scheme, replacing legacy infrastructure with modern, cloud-native technology.