Molten Ventures VCT launches £30 million fundraise

Molten Ventures VCT has launched an offer for up to £30 million (£10 million + £20 million overallotment)
The VCT has total net assets of £117.8 million and a portfolio of around 40 companies
London listed Molten Ventures is one of the largest, most established venture capital investors in the UK. The VCT invests alongside its parent in all VCT qualifying deals, giving it firepower that many smaller VCTs lack, helping it access some of the UK’s fastest growing companies.
Over the five years to June 2025 the VCT has delivered a NAV total return of 19.9%
The VCT targets an average annual dividend equal to 5% of NAV

Nicholas Hyett, Investment Manager at Wealth Club commented:

“Molten Ventures VCT is managed by one of the largest, best established venture capital teams in the UK. It’s nearly ten years since Molten took over management of the VCT and, after a lengthy transition, we’re starting to see the fruits of their investment strategy come through.

In the last 18 months the VCT has reported four exits, including selling breast cancer scanner Endomag to US listed Hologic, fraud detection business Ravelin to Worldpay and retail investment platform Freetrade to IG Group. While the portfolio still contains a handful of legacy holdings, the vast majority of the VCT’s money is now in the high growth tech companies typical of Molten Ventures.

Molten’s high-tech, high-growth investee companies are perhaps a bit riskier than the average VCT investment, and often take longer to mature. That might put some investors off Molten as a “core holding”, but it’s potential for outsized returns means it still has plenty to recommend it to experienced investors.”