Molten Ventures, formerly Draper Esprit, is a

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...

firm, investing in high growth technology companies with global ambitions, with offices in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

Cambridge Cambridge ( ) is a College town, university city and the county town in Cambridgeshire, England. It is located on the River Cam approximately north of London. As of the 2021 United Kingdom census, the population of Cambridge was 145,700. Cam ...

and

Dublin Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 c ...

. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...

and is a constituent of the FTSE 250 Index.

History

Founded in 2006 as Esprit Capital, the company was renamed Draper Esprit in 2015 after joining

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Coun ...

investor

Tim Draper Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ),

and the Draper Venture Network. In June 2016, Draper Esprit was the subject of an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

on the

. It moved to the main market in July 2021 becoming the largest technology-related venture capital company to be publicly listed. In November 2021, Draper Esprit rebranded to Molten Ventures. In April 2022, Molten Ventures joined The Venture Capital Trust Association (VCTA).

Investments

Investments have included companies such as Crowdcube, Endomag, Freetrade,

Graphcore Graphcore is a British semiconductor company that develops accelerators for AI and machine learning. It aims to make a massively parallel Intelligence Processing Unit (IPU) that holds the complete machine learning model inside the processor. Hi ...

Revolut Revolut is a British financial technology company that offers banking services, but did not have a UK banking licence. Headquartered in London, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. It offers accounts featuring currency ...

and

Trustpilot Trustpilot Group plc, is a Danish consumer business operating a review website founded in Denmark in 2007 which hosts reviews of businesses worldwide. Nearly 1 million new reviews are posted each month. The site offers freemium services to busine ...

References

External links

* {{Authority control Venture capital firms of the United Kingdom Venture capital firms of Ireland Financial services companies established in 2006 Companies listed on the London Stock Exchange