Adding firepower to our team in Ireland; welcoming Edel Coen

Adding firepower to our team in Ireland; welcoming Edel Coen

Molten
Molten

We are delighted to announce a new addition to our team in Edel Coen, who will join our Irish office as an associate investor.

Edel joins us with over seven years of experience working closely with Irish tech entrepreneurs from seed through to IPO and a long stint in silicon valley with Enterprise Ireland. Edel brings fresh insight to the team as we look to back the best Irish businesses and continue work extensively with the thriving tech ecosystem in Ireland.

We continue to see Ireland producing promising tech companies and in August we welcomed Roomex.com to the #DraperClan as our latest Irish investment. As a firm, we have had a long and deep connection with Ireland, having backed successful entrepreneurs at both Movidius and Clavis insight.

Molten Ventures Growth Fund First Close

Molten Ventures announces the first close of our Growth Fund at £175 million, including a £75 million cornerstone commitment from the British Business Bank. 

“There is no shortage of exceptional founders or technology businesses in the UK and Europe; what they too often lack is sufficient growth capital to help them become global leaders. This Fund gives Molten greater firepower to back our highest-conviction companies at Series B and beyond, build meaningful ownership positions and channel capital into the next generation of growth.” - 
Ben Wilkinson, CEO of Molten
Read the press release here