Molten Ventures (formerly Draper Esprit) is a British venture capital firm listed on the London Stock Exchange, investing in high-growth technology companies across Europe from Series A and beyond. The firm focuses on Consumer technology, Digital Health & Wellness, AI, Deeptech & Hardware, and Cloud/Enterprise/SaaS sectors.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 7 prior). Average disclosed round size is $48.0M (across 86 rounds with reported amounts).
Portfolio
79
Fund Size
—
Top Stage
Series A
Last 12 Mo
4
Team
BC
Brian Caulfield
Venture Partner
VJ
Vinoth Jayakumar
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
122 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 IMU Biosciences | Series A | $53M | Jun 2026 |
 SatVu | Unknown | — | Jan 2026 |
 IMU Biosciences | Series A | $53M | Jan 2026 |
| IMU Biosciences | Series A | $53M | Jan 2026 |
 Fluidic | Series A | $31M | Jan 2026 |
| MManna Drone Delivery | Series B | $50M | Jan 2026 |
 Modo Energy | Series B | — | Dec 2025 |
 General Index | Series A | $12M | Oct 2025 |
| DDaredevil Project | Seed | $16M | Sep 2025 |
 Paragraf | Series C | $55M | Aug 2025 |
 Valarian | Seed | $7M | May 2025 |
 Hilo | Series B | $42M | May 2025 |
| MManna Drone Delivery | Unknown | $30M | Mar 2025 |
 BeZero Carbon | Series C | — | Jan 2025 |
 Deciphex | Series C | — | Jan 2025 |
| Paragraf | Series C | — | Jan 2025 |
 Form3 | Series C | $160M | Sep 2024 |
 fintechOS | Series B | $60M | May 2024 |
 Qureight | Series A | — | Apr 2024 |
 Graphcore | Series E | $600M | Jan 2024 |
| IMU Biosciences | Series A | $53M | Jan 2024 |
 Anima | Series A | $12M | Jan 2024 |
 Concretene | Unknown | — | Jan 2024 |
 Polymodels | Series A | — | Jan 2024 |
| Modo Energy | Series B | $45M | Jan 2024 |
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Top Co-Investors
Amadeus Capital Partners15 shared
Motier Ventures12 shared
British Business Bank9 shared
IQ Capital9 shared
Earlybird Venture Capital7 shared
Balderton Capital6 shared
Foundation Capital6 shared
Accel5 shared
Cambridge Angels5 shared
C4 Ventures5 shared
Robert Bosch Venture Capital5 shared
Claret Capital Partners5 shared
Enterprise Ireland5 shared
GG15 shared
DFJ Esprit4 shared
Cambridge Enterprise4 shared
Cambridge Innovation Capital4 shared
Fidelity Investments4 shared
Backed VC4 shared
OTB Ventures4 shared
Last updated: 7 October 2026