Funding
Tech-focused VC Molten unveils new €50m Irish fund
Molten has been a significant backer of Irish tech companies in recent years with the likes of Manna, Sweepr, &Open and Vaultree, included in its portfolio
Molten Ventures, the Dublin and London-listed tech venture capital firm, has announced a new €50 million Irish-focused fund.
The VC, formerly known as Draper Esprit, is committing the lion’s share of the fund with a €27.7 million commitment. The new fund also includes a €22.5 million commitment from the Ireland Strategic Investment Fund (ISIF).
Molten, said two existing Irish portfolio investments will be transferred into the fund at their net asset value generating immediate cash ...
