Skip to main content
Capital

Molten Ventures closes €203 million growth-tech fund

Molten Ventures closes €203 million growth-tech fund Image: EU-Startups
Molten Ventures announced a €203 million first close for its Growth Fund, intended for Series B and later investments in UK and European technology companies. The British Business Bank committed €87 million as cornerstone investor, while Molten committed the remaining €116 million. Molten said it will seek additional investors toward a €407 million target. The fund is intended to invest across space, AI, fintech, quantum, deep tech and hardware.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Mistral AI reported to be raising €3 billion Series D round

Mistral AI is raising €3 billion ($3.49 billion) in a Series D round, according to Bloomberg Technology, with Samsung Electronics joining the financing. Chief Executive Arthur Mensch said the French AI company is probably still un...

AI Products
AI Products

Arm announces Mali G2-Ultra NX GPU with neural graphics hardware

Arm announced the Mali G2-Ultra NX, a mobile GPU that integrates neural accelerators into its graphics pipeline alongside a new execution engine and third-generation ray-tracing hardware. Arm says its Neural Dawn demonstration ach...

Infrastructure Products
Infrastructure Products

Arm introduces Neoverse CSS N4 cloud chip-design platform

Arm debuted its Neoverse CSS N4 semi-custom chip-design platform for cloud systems. According to the supplied report summary, the platform supports eight to 128 Neoverse N4 cores at up to 3.8 GHz on TSMC's N3P process. The summary...

Robotics Capital
Robotics Capital

UForce reportedly discusses financing at about $5 billion valuation

UForce, a London-based drone startup, is in discussions to raise financing at a valuation of about $5 billion, Bloomberg reported, citing people familiar with the matter. The supplied summary identifies the company as a drone star...