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Molten Ventures

25
ResearchLondon, United KingdomEst. 2006
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About

Molten Ventures, formerly Draper Esprit, is a UK-listed venture capital firm that invests in technology companies across Europe, with a focus on deep tech hardware, software, and digital health. Listed on the London Stock Exchange under the ticker GROW, Molten manages approximately 1.5 billion pounds in assets and holds a portfolio of about 70 companies. It also operates EIS and SEIS funds for UK private investors alongside its listed fund. Molten led Riverlane's 15 million pound Series B in 2023, alongside Altair, Cambridge Innovation Capital, Amadeus Capital Partners, and the UK's National Security Strategic Investment Fund. Riverlane develops quantum error correction technology as foundational infrastructure for fault-tolerant quantum computing. As Draper Esprit, the firm previously backed European unicorns including Revolut and Aircall. Its investment in Riverlane reflects a thesis of backing companies that build the quantum operating systems and error correction needed for commercially useful quantum computing.

Quantum Specifications

Quantum Focussoftware

Key People

MD
Martin Davis
CEO

Backed By

Lakestar
Lightspeed Venture Partners
Quantum Coast Capital
Type One Ventures
Trumpf Venture
Gic Government Of Singapore Investment Corporation
Hercules Capital
Inven Capital

Application Areas

Quantum error correction

Frequently Asked Questions

Molten Ventures, formerly Draper Esprit, is a UK-listed venture capital firm that invests in technology companies across Europe, with a focus on deep tech hardware, software, and digital health. Listed on the London Stock Exchange under the ticker GROW, Molten manages approximately 1.5 billion pounds in assets and holds a portfolio of about 70 companies. It also operates EIS and SEIS funds for UK private investors alongside its listed fund. Molten led Riverlane's 15 million pound Series B in...
Molten Ventures is headquartered in London, United Kingdom.
Molten Ventures was founded in 2006.
Molten Ventures operates in the following sectors: quantum investment, quantum software, quantum hardware.