Editorial Perspective
Molten Ventures (formerly Draper Esprit) is a London-listed (LSE: GROW) tech VC with 117 portfolio companies including Revolut, UiPath, and Graphcore. They invest £2M–£15M at Series A and beyond. Their acquisition of Forward Partners in 2024 brought additional PropTech exposure. As a publicly traded vehicle, they offer permanent capital without fund cycle constraints. Best fit for PropTech/ConTech founders at Series A who want a listed VC with deep pockets, long hold periods, and no pressure to exit within a fund cycle. Their public listing means transparency and governance standards that institutional co-investors appreciate.
Investment Profile.
Check Size
£2.0M–£15.0M
Active Fund Vintage
2024
Investment Stages
Series A
Headquarters
London, UK
Investment Strategy.
The complete funding journey. This firm focuses on stages highlighted below.
Pre-Seed
$10K–$1M
Stage Focus
Proof of concept / Prototype
Growth Elements
- →Hiring
- →Product development
- →Early validation
Seed
$500K–$3M
Stage Focus
Product-market fit
Growth Elements
- →Hiring
- →Product iteration
- →Initial traction
Series A
$5M–$15M
Stage Focus
Revenue growth & scale
Growth Elements
- →Hiring
- →Development
- →Operations
- →Branding & Marketing
Series B
$15M–$50M
Stage Focus
Growth & expansion
Growth Elements
- →Hiring
- →Market expansion
- →M&A exploration
Series C
$50M–$200M+
Stage Focus
Large-scale expansion
Growth Elements
- →International markets
- →Acquisitions
- →Scale operations
Check Size for This Fund
£2.0M–£15.0M
Typical check size across all stages. Size may vary by stage and fund vintage.
Notable Portfolio.
Revolut
UiPath
Graphcore
117 portfolio companies
Recent Activity.
6 new investments in 2025
Acquired Forward Partners portfolio (2024)
Tomas M. Krogh
Fractional Chief Commercial Officer
I specialize in taking founder-led commercial engines apart until only the parts that work are left standing. Before advising, I operated-scaling a business from zero to the FT1000 list three years running and facilitating 10 billion DKK in property transactions. I don't write polite advisory decks; I give you the exact commercial reality check you need before an investment committee does it for you.
Commercial intelligence last verified on 22 April 2026. Public deal activity sourced via Crunchbase/Dealroom.