Molten Ventures Expands Portfolio with Strategic Acquisitions

Molten Ventures Plc, a prominent venture capital firm, has announced a significant acquisition and partial realisation in its portfolio. The company has acquired a 58% stake in the Speedinvest Continuation Fund I for €18 million. This acquisition aligns with Molten's strategy of investing in high-growth secondary assets. Speedinvest, a leading venture firm, has backed companies like Bitpanda and CoachHub.

Additionally, Molten Ventures has sold around 15% of its stake in Revolut, generating approximately £25 million. This move is part of ongoing efforts to diversify its portfolio. Culminating previous realisations from Lyst and Freetrade, proceeds for the fiscal year have surpassed £57 million.

The firm's robust capital allocation policy continues, highlighted by a share buyback programme exceeding £40 million since July 2024. Molten plans to release a trading update for HY 2025 on 23 October, with results following on 25 November.