Molten Ventures Reports Strong FY26 Financial Performance

Molten Ventures Plc has announced its final results for the fiscal year ending March 31, 2026. The venture capital firm reported a gross portfolio value of £1,525 million, up from £1,367 million the previous year. Net assets increased to £1,324 million, contributing to a 13% growth in net asset value (NAV) per share, which stood at 760p.

The firm invested £89 million during the year, with an additional £22 million sourced through managed EIS/VCT funds. Realisations generated cash proceeds of £120 million, despite a challenging macroeconomic backdrop. The company's administrative expenses were managed efficiently, reducing costs to 0.5% of year-end NAV.

Molten’s portfolio reflected a £172 million net fair value increase. The core portfolio companies continued to display robust fundamentals, receiving over $3.75 billion in funding. Post-period, Molten secured a cornerstone investor for its new Growth Fund and realised further gains from its Revolut stake.