Molten Ventures, formerly Draper Esprit, is a London-listed venture capital firm founded in 2006 that invests in high-growth European technology companies. Listed on the London Stock Exchange since 2016 (ticker: GROW), the firm focuses on enterprise software, deep tech, consumer technology, digital health and fintech, backing companies through Series A to pre-IPO stages. Notable portfolio companies include Revolut, Trustpilot and Ledger. With offices in London, Cambridge and Dublin, Molten has deployed over £1 billion across more than 100 companies.
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Paragraf is a University of Cambridge spinout founded in 2017 by Simon Thomas (CEO), Professor Sir Colin Humphreys, and Ivor Guiney. The company commercialises graphene and other two-dimensional materials at scale using standard semiconductor fabrication equipment, with a proprietary direct deposition technique that produces device-quality graphene on 8-inch wafers without metal catalysts or transfer processes. Paragraf launched its first product in 2019, a graphene-based Hall-effect sensor offering 30x greater sensitivity than conventional silicon at one-tenth the power. The sensor portfolio has expanded to include molecular sensors for healthcare, agritech, food production, and chemical manufacturing. The company has raised over £140M across four rounds, including a $55M Series C in 2025 led by Mubadala.
FocalPoint was founded in 2015 by Dr Ramsey Faragher as a University of Cambridge spinout. Faragher holds a PhD in the effects of multipath interference on radio positioning systems and previously served as Principal Scientist at BAE Systems, where he developed the award-winning NAVSOP opportunistic positioning suite. He is a Fellow of the Royal Institute of Navigation and Bye Fellow of Queens' College, Cambridge. The company's core innovation is Supercorrelation, a patented chipset-level software that improves the sensitivity, accuracy, and reliability of GNSS receivers without additional hardware. FocalPoint offers S-GNSS Auto for automotive, S-GNSS Cell for smartphones, and S-GNSS Wear for fitness tracking. The company has a strategic partnership with STMicroelectronics and received investment from GM Ventures. FocalPoint has raised $69.2M across multiple rounds, including a Series C co-led by Molten Ventures and Gresham House.