# Molten Ventures

> Molten Ventures is a VC fund backing Software and Information Technology. See 230 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: London, United Kingdom
- Total investments: 230
- Last investment: Jul 2026
- Lead investor: 51%
- Fund size: $6.1M
- Last fund: Jan 2011
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/draper-esprit
- X (Twitter): https://twitter.com/draperesprit
- Website: http://www.draperesprit.com
- Facebook: https://www.facebook.com/draperesprit/

Molten Ventures is a leading British venture capital firm backing Europe’s highest-growth private technology companies. Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the businesslifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI. Our strategy is simple: back bold ideas, scale them with capital and expertise, and unlock high-value exits—whether through strategic acquisitions, trade buy-outs, or IPOs. Since our 2016 IPO, we’ve delivered strong realised returns, reinvesting into the next wave of innovation—creating a virtuous cycle of growth and value.

## Contacts

5 contacts available for Molten Ventures. Shizune tracks 14 team members at Molten Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/draper-esprit?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $3.2M–$31M |
| Series B | $7.9M–$60M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 48 | 21% |
| Information Technology | 22 | 10% |
| FinTech | 15 | 7% |
| Financial Services | 15 | 7% |
| Artificial Intelligence | 15 | 7% |

209 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 48 | 21% |
| Series B | 45 | 20% |
| Funding Round | 32 | 14% |
| Series C | 31 | 13% |
| Seed | 15 | 7% |

13 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 67 | 29% |
| United States | 20 | 9% |
| Germany | 13 | 6% |
| Ireland | 8 | 3% |
| France | 5 | 2% |

15 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alan Duncan | Venture Partner | 6 | https://shizune.co/investors/profile/alan-duncan |
| David Cummings | Partner | 6 | https://shizune.co/investors/profile/david-cummings-2 |
| George Chalmers | Principal | 10 | https://shizune.co/investors/profile/george-chalmers |
| Inga Deakin | Principal | 9 | https://shizune.co/investors/profile/inga-deakin |
| John Marsh | Senior Partner, Venture Capital | 6 | https://shizune.co/investors/profile/richard-marsh |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Qureight | Qureight is an imaging analytics company. It also aims to develop a new improved and streamlined version of its analytical platform – harnessing the ability of AI and advanced processing tools to gain new insights into respiratory diseases such as Idiopathic Pulmonary Fibrosis (IPF) and lung cancer. | $20M | Series B | Jul 29, 2026 |  |
| Isar Aerospace | Isar Aerospace develops and operates launch services for small and medium-sized satellites, supporting both dedicated and rideshare missions to orbit. Its core offering is the Spectrum launch vehicle, a two-stage rocket designed to deploy satellites and satellite constellations into low Earth orbit with flexible launch configurations. The companydesigns and manufactures its launch technology in-house, using automated production processes and a vertically integrated approach to vehicle development. In addition to launch services, Isar Aerospace works with commercial, institutional, and space industry customers seeking access to orbital transportation for satellite missions. The company focuses on expanding launch capacity and supporting the growing demand for satellite deployment and space-based infrastructure. | $311.6M | Series D | Jun 09, 2026 |  |
| IMU Biosciences | IMU is a discovery engine mapping the immune system to advance precision medicine. | $38.4M | Series A | Jun 01, 2026 |  |
| Manna Air Delivery | Manna is a Drone Delivery “As a Service” business. We enable, transform and grow local businesses of all types by powering a 3-minute delivery service across a 30 square mile catchment area for them. Reaching more customers - more quickly and in a more scalable way than road-based delivery.Manna is regulated by the relevant aviation regulatorybodies in Europe and USA. | $50M | Series B | Apr 01, 2026 |  |
| SatVu | Satellite Vu will monitor the temperature of every building on the planet in near real time to determine valuable insights into economic activity, energy efficiency and carbon footprint. ​We are passionate about supporting decision making around the world related to: the Energy industry, investors monitoring economic activity, sustainable finance.Natural Disaster responders, building operators & Plastics Cleanup. | $40.9M |  | Feb 16, 2026 |  |
| Modo Energy | Modo Energy is an energy asset analysis platform that provides users with data, research, and benchmarking tools for energy storage. It specializes in the battery energy storage market in the UK. The company's integrated suite of data-backed tools helps owners and operators of renewable energy assets, scale battery energy storage systems, withthe insights needed to navigate the dynamic landscape of the energy market. | $33M | Series B | Dec 02, 2025 |  |
| PolyModels Hub | PolyModels Hub is a team of pharma R&D and manufacturing specialists committed to accelerating the adoption of digital technologies in pharma process development. The company empowers scientists with AI to model, simulate, and access insights across all steps and protocols followed to turn chemical compounds into safe drug products. | $9.2M | Series A | Nov 20, 2025 |  |
| General Index | General Index is an energy data and analytics company that develops transparent benchmarks for global commodity markets. The platform generates daily spot prices and forward curves across crude oil, refined products, natural gas, and energy transition markets using extensive transaction data and consistent methodologies. | $10M | Series A | Oct 21, 2025 |  |
| Duel | The Duel Brand Advocacy Platform enables brands to mobilize and manage entire communities of social affiliates, content creators and micro-influencers to acquire customers and drive revenue at scale. It also measures the true ROI of advocacy and its impact on Social Commerce, in comparison to ads.Committed to working with brands that put peopleand the planet over profit, Duel is Bcorp Certified and breaks a brand’s reliance on digital advertising through its Social Affiliate and Brand Ambassador programs.Founded by world-record breaking adventurer and former brand ambassador, Paul Archer, and viral games developer, Panagiotis Tsarouchis, the Duel team is made up of psychologists, brand experts and community builders from companies including Amazon and Lululemon. The platform is used by brands such as Charlotte Tilbury, Monica Vinader, Mint Velvet, NEOM Organics, ELEMIS and more, with the team having consulted with hundreds of other brands. | $16M | Series A | Sep 23, 2025 |  |
| Paragraf | Paragraf is the world’s leading graphene-based electronic device design, development and manufacturing company. Building on our proprietary process to grow graphene directly on standard semiconductor industry substrates, Paragraf has pioneered the delivery of two-dimensional technologies at scale. Paragraf’s high-quality graphene – integratablewith standard semiconductor tool process lines – has unlocked the incorporation of this remarkable material into both existing and new electronic devices and applications. Through our world-first dedicated graphene device foundry, Paragraf delivers high-performance, low-power technologies to multiple markets and offers two-dimensional-material foundry services to customers and partners, providing graphene in chips to their device requirements. | $55M | Series C | Aug 25, 2025 |  |

10 of 230 investments shown.

## Co-investors
- [Amadeus Capital Partners](https://shizune.co/investors/profile/amadeus-capital-partners) — VC Fund, 17 deals together
- [IQ Capital](https://shizune.co/investors/profile/iq-capital-partners) — VC Fund, 17 deals together
- [Balderton Capital](https://shizune.co/investors/profile/balderton-capital) — VC Fund, 16 deals together
- [Bosch Ventures](https://shizune.co/investors/profile/robert-bosch-venture-capital) — VC Fund, 10 deals together
- [Earlybird Venture Capital](https://shizune.co/investors/profile/earlybird-venture-capital) — VC Fund, 9 deals together
- [Korelya Capital](https://shizune.co/investors/profile/korelya-capital) — VC Fund, 9 deals together

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## FAQ

### What does Molten Ventures invest in?

Molten Ventures invests primarily in Software, Information Technology and FinTech startups, most often at Series A and Series B stage. Most of the 230 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Molten Ventures's check size?

Molten Ventures typically joins rounds of $3.2M–$31M at Series A and $7.9M–$60M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Molten Ventures participates in.

### How do I contact Molten Ventures?

Public channels for Molten Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Molten Ventures?

The team at Molten Ventures includes Alan Duncan (Venture Partner), David Cummings (Partner) and George Chalmers (Principal), among 14 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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