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Molten Ventures

GBDEFRIEFISENLOtherB2B SaaSAI/MLFintechHealthtechDeep TechEnterpriseConsumerClimate

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Investment thesis

Molten Ventures (formerly Draper Esprit) has spent over twenty years backing the founders and innovators driving Europe's technology transformation. The firm invests more than capital — bringing experience, energy, and partnership to help visionary companies scale faster and go further. Its mission is to 'make more possible for the people building the future.' Molten focuses on high-growth, disruptive UK and European technology firms, concentrating on four core sectors: SaaS & Enterprise Software, Deeptech, Healthtech, and Consumer Software. As a publicly listed vehicle on the London Stock Exchange (FTSE 250), Molten can invest from Series A through pre-IPO, with a typical first check at Series A or B, and maintains a Fund of Funds programme (80+ seed funds) to capture early-stage ecosystem insights and deal flow.

Notable quotes

“We've continued to enhance our innovative platform to capture the exceptional investment opportunities available in backing high growth, disruptive, UK and European technology firms. The underlying performance of our portfolio companies remain strong, with valuations continuing to stabilise as the macroeconomic environment shows signs of improvement.”

Ben Wilkinson · Molten Ventures Annual Results FY2024 press release · 2024-06

“AI is a fundamental component of technological progress and innovation — its transformative potential spans various sectors, from healthcare to fintech, and we must consider the ethical considerations, regulation, and societal impacts of AI deployment.”

Nicola McClafferty · Molten Ventures Investor Day 2024 · 2024-03

“Deciphex is tackling one of healthcare's most pressing issues. By supporting pathologists with AI tools that enhance efficiency without sacrificing accuracy, Deciphex offers a much-needed solution to the diagnostic burden facing pathologists around the world.”

Inga Deakin · Molten Ventures news: Molten leads €31 million Series C in Deciphex · 2024

Team

Ben Wilkinson

Chief Executive Officer

B2B SaaSEnterpriseDeep Tech

Franco Danesi

Senior Partner

EnterpriseB2B SaaSDeep Tech

Inga Deakin

Partner

HealthtechAI/ML

Luke Smith

Head of Early Investing

SeedDeep TechB2B SaaS

Nicola McClafferty

Partner

AI/MLConsumerFintech

Nikhil Punwaney

Investment Manager

DevtoolsCybersecurityAI/ML

Recent investments

CompanyRoundSizeDate
Isar AerospaceSeries D$292m2026-06
QureightSeries B$20m2025
DeciphexSeries C$34m2024
PocDocSeed$13m2024-11
RevolutSeries E—2021
Thought MachineSeries C$200m2021-11
ICEYESeries D—2022
TrustpilotIPO—2021
GraphcoreSeries E—2021
CoachHubSeries C$200m2022-06

Frequent co-investors

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