Molten Ventures raises €203 million to back UK and European growth-stage tech companies

British VC firm Molten Ventures has announced the successful closure of its €203 million Growth Fund, aimed at backing growth-stage technology companies in the UK and Europe. The British Business Bank has committed €87 million as cornerstone investor, with the remainder of the fund to be raised through additional investors. Molten Ventures CEO Ben Wilkinson praised the British Business Bank's endorsement of the firm's strategy and its importance in bringing more long-term institutional capital into venture and Growth investing.

The Growth Fund builds upon Molten's extensive experience in growth investing, with over 40 deals completed and £700 million invested in the past decade. The fund will invest in key technology sectors such as Space, AI, FinTech, Quantum, DeepTech, and Hardware, providing the necessary liquidity for companies to scale globally. The announcement comes amidst a surge in capital formation for European technology investment funds in 2026, with comparable vehicles totaling nearly €3 billion in disclosed capital.

The Growth Fund is a crucial component of Molten's strategy to increase investment in high-growth tech companies and deliver strong returns for private institutional capital.