About Molten Ventures
Molten Ventures is a venture capital firm founded in 2006. It is primarily based out of London, United Kingdom. As of Apr 2026, Molten Ventures is an active investor, having invested in 118 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series B round of Manna Overall, Molten Ventures portfolio has seen 7 unicorns, 6 IPOs and 24 acquisitions including key companies like N26, Ledger and Freetrade. A lot of funds co-invest with Molten Ventures, with names like IQ Capital sharing a substantial percentage of its portfolio. Molten Ventures has team of 56 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio Unicorns
Molten Ventures' List of Top Investments
Molten Ventures has a portfolio of 118 companies, including 7 unicorns. Their most notable investments are in Form3 and Allplants.Their portfolio spans across United Kingdom, Germany, United States and 10 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Molten Ventures:1. Revolut
Provider of banking solutions for retail customers and businesses. It provides users with a platform that offers a comprehensive suite of features designed to simplify financial management and enhance user experience.
Key facts about Revolut
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £2.45B as on Dec 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.99B
- Employee Count: 17,033 as on Mar 31, 2026
- Investors: TCV, TriplePoint Capital and 139 Others
- Latest Funding Round: Series E, Feb 18, 2025, $*****
- Highlight: Editors' Pick
2. N26
Provider of mobile banking services, including savings, investment, and crypto. It offers various account options with different features and associated costs. These services include tools for managing finances, such as joint accounts, digital wallets, and options for adding funds. The company facilitates stock and ETF trading, along with the buying and selling of crypto assets.
Key facts about N26
- Founded Year: 2013
- Location: Berlin (Germany)
- Annual Revenue: €182M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.72B
- Employee Count: 1,817 as on Mar 31, 2026
- Investors: GIC, Dragoneer Investment Group and 46 Others
- Latest Funding Round: Series E, Oct 18, 2021, $*****
- Highlight: Editors' Pick

3. Ledger
Blockchain based hardware wallet for cryptocurrency. Its products offered include Nano X, Nano S, Blue, and OTG Kit. It supports multiple cryptocurrencies including Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, and more. It offers a vault which is a multi authorization cryptocurrency wallet management solution.
Key facts about Ledger
- Founded Year: 2014
- Location: Paris (France)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $575M
- Employee Count: 793 as on Mar 31, 2026
- Investors: Felix Capital, Cathay Innovation and 68 Others
- Latest Funding Round: Series C, Mar 08, 2023, $*****
- Highlight: Editors' Pick
4. Freetrade
App-based stock market trading platform. It allows users to invest in shares, ETFs, SIPs, and investment trusts. It also offers investments in fractional shares and tax-efficient pension savings. Its application is available for Android and iOS platforms.
Key facts about Freetrade
- Founded Year: 2015
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $165M
- Employee Count: 246 as on Mar 31, 2026
- Investors: Left Lane, Messebauer and 79 Others
- Latest Funding Round: Series C, Jun 26, 2023, $*****
- Highlight: Acquired
5. Crowdcube
Equity-based crowdfunding platform for businesses and startups. Users can invest in startups and growing businesses in exchange for shares of the company. Users can own fractions of a share using the platform. The platform focuses on investments across a variety of industries, including food and beverage, fintech, the internet, and consumer goods. Investors can also look at potential investment options and learn about tax benefits.
Key facts about Crowdcube
- Founded Year: 2010
- Location: Exeter (United Kingdom)
- Annual Revenue: £14.6M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62.9M
- Employee Count: 131 as on Feb 28, 2026
- Investors: Draper Esprit, Balderton Capital and 30 Others
- Latest Funding Round: Series C, Nov 23, 2021, $*****
- Highlight: Editors' Pick
Molten Ventures' Year-on-Year Investment Trends
Molten Ventures has invested in 118 companies over the last 16 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Apr 2026, it has made 3 investments in this year. Its most recent first time investment was in MAIA and most recent follow-on round was in Manna.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 6 | 4 | 10 |
2024 | 8 | 4 | 12 |
2023 | 5 | 6 | 11 |
2022 | 12 | 8 | 20 |
2021 | 14 | 10 | 24 |
2020 | 8 | 3 | 11 |
2019 | 3 | 3 | 6 |
2018 | 7 | 2 | 9 |
2017 | 3 | 3 | 6 |
Molten Ventures' Investments by Stage
Molten Ventures has made 35 investments in Series A stage with an average round size of $16.6M, 24 investments in Series B stage with an average round size of $35.3M and 12 investments in Seed stage with an average round size of $6.98M.Stage of entry | No. of Investments |
|---|---|
Series A | 35 |
Series B | 24 |
Seed | 12 |
Series C | 7 |
Series D | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Molten Ventures' Investments by Sector
Molten Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Enterprise Infrastructure and HealthTech. Notably, it has invested in 112 Tech companies, 96 Enterprise (B2B) companies, 77 Software companies and at least 39 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 47 |
High Tech | 19 |
FinTech | 17 |
Enterprise Infrastructure | 13 |
HealthTech | 10 |
Others | 91 |
Note: We have considered here, only first round of investments
Molten Ventures' Investments by Geography
Molten Ventures has made most investments in United Kingdom (44), followed by United States where it has made 12 investments.Country | No. of Investments |
|---|---|
United Kingdom | 44 |
United States | 12 |
Germany | 9 |
Ireland | 7 |
Finland | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Molten Ventures' recent investments
Molten Ventures has made 3 investments in 2026 so far. Manna and SatVu are the latest among them.Here are the most recent investments by Molten Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 01, 2026 | Ireland | Series B | 2768 | ||
Feb 17, 2026 | United Kingdom | Series B | 1560 | [+9] | |
Jan 07, 2026 | United Kingdom | Series A | 4648 | - | |
Dec 03, 2025 | United Kingdom | Series B | 1190 | [+1] | |
Nov 20, 2025 | United Kingdom | Series A | 3103 |
Unicorns in Molten Ventures' Portfolio
Molten Ventures has 7 unicorns in its portfolio - ICEYE, One Football, Thought Machine and others. The most recent unicorn in their portfolio is ICEYE. It became a unicorn in 2025, 7 years after Molten Ventures first invested in it.Here is a list of unicorns in Molten Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Operator of synthetic aperture radar satellites providing earth observation data | 2014 | Espoo | Series E | uhzogw{ | ||
76 | News media platform for soccer | 2008 | Berlin | Series D | umcedrl | ||
71 | Developer of a cloud-based platform for core banking | 2014 | London | Series D | amqsetd | ||
60 | Provider of managed open source data technologies and cloud infrastructure | 2016 | Helsinki | Series D | sthlctf | ||
77 | Provider of cloud-based platform for business communication and customer engagement | 2014 | New York | Series D | quyzwnu |
IPOs and Publicly Listed companies in Molten Ventures' Portfolio
6 of Molten Ventures' portfolio companies have become public. TeraView got listed on the Korea Exchange (KRX), in Dec 2025 at marketcap of $193M and UiPath got listed on the New York Stock Exchange (NYSE).Here are Molten Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2025 | - | - | 2069 | |
Apr 21, 2021 | - | - | 4702 | |
Mar 23, 2021 | Dec 30, 2013 | Series C | 4089 | |
Dec 18, 2020 | Jun 22, 2020 | Series D | 3666 | |
May 31, 2018 | - | - | 7555 |
Acquired companies in Molten Ventures' Portfolio
24 companies from Molten Ventures' portfolio have been acquired. The most recent acquisition was Sweepr in Jan 2026 by Plume for $*****.Here are Molten Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 12, 2026 | Sep 2019 | Series A | 1453 | |
Nov 17, 2025 | Apr 25, 2023 | Series A | 1413 | |
Aug 20, 2025 | Nov 23, 2021 | Series B | 9322 | |
May 05, 2025 | Aug 28, 2018 | Series A | 1311 | |
Apr 09, 2025 | Jul 12, 2012 | Series A | 6583 |
Team profile of Molten Ventures
Molten Ventures has a team of 56 members including 4 Partners, 3 Venture Partners and 3 Principals located in United Kingdom, Ireland and 2 more locations. Molten Ventures' team sits on the board of 1 company.Here is a list of top team members in Molten Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Oeiras | - | - | |
Partner | United Kingdom | - | - | |
Partner | Ireland | - | - | |
Partner | London | - | - | |
Venture Partner | - | - | ||
Venture Partner | Ireland | - | - | |
Venture Partner | London | - | - | |
Principal | London | - | - | |
Principal | London | - | - |
Co-investors of Molten Ventures
Over the past 16 years, 728 investors have co-invested in Molten Ventures's portfolio companies. This includes funds and angels.
- Invested before Molten Ventures: Earlybird, Gov and 334 others have invested in rounds before Molten Ventures. There are 7 companies where Earlybird has invested before Molten Ventures and 6 companies where Gov has invested before Molten Ventures.
- Top Co-investors of Molten Ventures: 165 investors entered a company along with Molten Ventures. These include investors like IQ Capital (4 companies).
- Invested after Molten Ventures: A total of 227 investors have invested in Molten Ventures's portfolio after their investments. Top Investors include Draper Esprit (4 companies), British Business Bank (4 companies) and SoftBank Vision Fund (3 companies).
Recent News related to Molten Ventures
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Molten Ventures Completes Partial Realisation of Revolut Holding, Generating £63 MillionWebDisclosure•May 18, 2026•Molten Ventures, Revolut
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Molten Ventures NAV Rises, Boosted by Revolut and ICEYE PerformanceShareprices•Apr 27, 2026•Molten Ventures, Revolut, ICEYE
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Manna Air Delivery Raises $50Million Series B as It Announces Plans to Expand in the United StatesBakersfield•Apr 01, 2026•Anthropic, OpenAI, Manna, ARK Investment Management and 4 others
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Molten Ventures Establishes Secondary Investment Team with Three New HiresShareprices•Mar 04, 2026•Molten Ventures
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Uplift360 Raises €7.4M to Recycle High-Value MaterialsStartupNews•Feb 06, 2026•Uplift360 Tech, NIF, Fund F, Extantia and 8 others
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Molten Ventures Completes £10m Share Repurchase Program, Commences Additional £10m Program.WebDisclosure•Jan 30, 2026•Molten Ventures
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