Molten Ventures Share Discussion Threads

[p1nkfish] 15/2/2018 22:30

This is one to hold tightly. Not a good sign for Woodford imho.

[rambutan2] 15/2/2018 19:30

Yes, in yesterday's trades, approx 2.2m at 445p. He must be under a least a bit of redemption pressures and he's over a quid in profit. Noteworthy that share price is up since the trade and now at all time high.

[p1nkfish] 15/2/2018 17:33

Woodford reduced?
Might be the one area he could gain a decent return from.

[rambutan2] 31/1/2018 19:00

January 30, 2018

CAMBRIDGE, England–(BUSINESS WIRE)–EVONETIX LTD (‘Evonetix’), the Cambridge-based company pioneering an innovative approach to enable scalable and high-fidelity gene synthesis, announced today that it has completed a $12.3 million (£9 million) financing to advance the development of its technology...

[rambutan2] 18/1/2018 19:39

Yes, a nice 8% boost to the share price today on news of Ledger investment:

[igbertsponk] 18/1/2018 07:54

Watch this zoom on big Blockchain investment

[rambutan2] 12/1/2018 15:04

And from 27/12:

Draper Esprit (AIM: GROW, ESM: GRW), a leading venture capital firm investing in high-growth digital technology businesses across Europe, announces the sale of portfolio company Clavis Insights ("Clavis") the leading eCommerce insights company to Ascential plc (LSE: ASCL.L) ("Ascential"), the global business-to-business information company for an initial cash consideration of $119 million paid in December 2017. Draper Esprit originally invested GBP8.1 million in Clavis in December 2016 and will receive total proceeds of GBP15.3 million.

The sale is estimated to increase the Company's total Net Asset Value by approximately 3p, when compared to the NAV reported at the time of the Company's Interim Results.

Clavis is a market leader in eCommerce analytics, with proprietary technology enabling consumer product companies to track and optimise the performance of their products across hundreds of retailer websites and mobile commerce sites globally. Clavis customers include some of the world's largest consumer product companies, such as P&G, Nestle, Unilever and L'Oreal.

This sale adds to the exits of Aveillant to Thales Group and Moviepilot to Webedia in recent months. Of the original 24 companies in the portfolio at IPO in June 2016, Draper Esprit has now exited 9 companies, generating a return of --200% on invested capital and GBP57 million cash. The Company has also invested in a further 16 companies, including Graphcore, Pushdoctor, Perkbox and Transferwise. Overall, Draper Esprit now has 31 portfolio companies, excluding the acquisition of Seedcamp Funds I and II.

Draper Esprit intends to invest the proceeds of the transaction, which add to current cash balances of GBP73 million, into new and existing portfolio companies.

Commenting on the sale, Simon Cook, CEO of Draper Esprit said:

"We continue to prove that investing in high growth European technology companies can be lucrative and cash generative. Clavis demonstrates the flexibility provided by our permanent capital model whereby positive returns can be made by investing in and supporting companies in the later stages of their lifecycle. More importantly, the model enables us to recycle our exits to invest further in both new and existing companies and over the long term build global technology leaders in Europe. We look forward to 2018 with continued confidence that the listed venture capital model is working."

[rambutan2] 12/1/2018 15:01

Bit late, but interim presentation from end of oct:

[igbertsponk] 09/11/2017 11:24

Doing rather well recently.

[rambutan2] 26/10/2017 02:16

Appears a good deal:

Draper Esprit (AIM: GROW, ESM: GRW), a leading venture capital firm investing in high growth digital technology businesses, has announced the acquisition of Seedcamp Funds I and II ("the Funds") for GBP17.9 million (EUR20 million). ("the Transaction").

As a result, the Company has acquired stakes in high profile growing technology companies including Transferwise, a leading UK based Fintech business. The portfolio also includes a number of promising companies including Codacy, Edited, Erply, Fishbrain, Codility, Winnow, Codeship and Try.com. The portfolio's last reported NAV was GBP23.5 million (EUR26.3 million), resulting in an increase of GBP5.6 million (EUR6.3 million) (7p per share) for the Company, against the latest reported NAV per share as at 30 September 2017 of 372p (NAV per share, excluding goodwill, of 344p).

Transferwise, the international money transfer platform, will be added to the Company's Core Portfolio. Co-founded by Taavet Hinrikus and Kristo Käärmann, TransferWise launched in 2011. It is one of Europe's most successful fintech startups having raised $117m in funding from investors such as Andreessen Horowitz, Sir Richard Branson, Valar Ventures and Max Levchin of PayPal. Over a million people use TransferWise to transfer over $1.2 billion every month.

[rambutan2] 24/10/2017 19:36

So, a true nav of 344p including 128p cash:

Financial highlights

-- Gross Primary Portfolio value* increased by 44% to GBP162.8 million (31 March 2017: GBP112.7 million)

-- Net Assets including goodwill, of GBP266.8 million (31 March 2017: GBP150.7 million)
-- NAV per share of 372 pence (31 March 2017: 370 pence)
-- NAV per share, excluding goodwill, of 344 pence (31 March 2017: 319 pence)
-- Profit after tax of GBP20.9 million (31 March 2017: GBP33.2 million)

-- Additional capital raised of GBP100.0 million in plc (GBP95.3 million net) with GBP92.0 million cash on balance sheet at period end

And in full:

[rambutan2] 24/10/2017 19:35

Dad knows best!

[steve3sandal] 10/10/2017 19:00

Happy with their activity, I am topping up for a 35 yo Daughter's SIPP, feels appropriate.

[rambutan2] 10/10/2017 18:31

Investments update:

Draper Esprit (AIM: GROW, ESM: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, announces that funds managed by the Group have recently committed GBP17 million into three exciting new European based digital technology businesses: Ieso Digital Health; Insurtech Company Premfina; and Verve, the world's leading word-of-mouth sales software for live entertainment.

In aggregate, these companies have recently completed fundraising rounds totaling over $75 million

In the four month period to 30 September 2017, following the GBP100 million raise in June, Draper Esprit has invested a total of GBP26.5 million from the plc and a further GBP12.0 million from across the Group, into new and existing portfolio companies including Graphcore, Perkbox, Trustpilot, Pushdoctor.

[rambutan2] 04/10/2017 17:20

Looks an interesting investment:

London, UK: PremFina Ltd, a UK-based company that increases access to insurance by providing financing options for the purchase of insurance premiums, today announced US$36 million in equity funding and a debt facility. Rakuten Capital, the investment arm of Japan’s Rakuten, a global leader in e-commerce and fintech services and the main global partner of FC Barcelona and the UK’s Draper Esprit Plc led the financing, and were joined by global investors Thomvest Ventures, Emery Capital, Rubicon Venture Capital, Talis Capital and the company’s founder.

[rambutan2] 29/7/2017 19:28

Annual report to browse through:

[rambutan2] 08/7/2017 01:51

That sounds sensible steve3.

Y/e results must be due. Might give the share price a bit of upward momentum.

[steve3sandal] 07/7/2017 18:27

Topping up time then following the share price fall to 325p. Guess they have just found base camp around placing level and nothing more untoward than that. Just a few, won't go mad, into the patient drawer.

[rambutan2] 07/7/2017 17:54

They start shipping at the end of this year:

[steve3sandal] 02/6/2017 20:39

Very disappointed that there are was no Private Sharehoder subscription on offer here. I would have liked to top up at 324p like the newbies. I wonder if Institutions have possibly been selling down from 350p whilst able to buy back at 324p. Disapplication of pre emotion rights always seems to end this way...for PIs ...dilution of my assets. I intend to get even...I will vote against and top up below 324p ....hopefully.

[pugugly] 10/5/2017 11:17

Got a spare £1000 odd and time spare on 17th June go listen


Vishal Gulati
Healthtech Venture Capitalist
Draper Esprit

Vishal Gulati is one of Europe’s leading digital healthcare investors and brings over a decade of investing experience across the healthcare spectrum including diagnostics, devices and biotechnology and also advises global pharmaceutical and healthcare companies on digital health strategy. Dr Gulati is currently a Venture Partner at Draper Esprit, a venture capital fund listed on the London Stock Exchange (L:GROW) and Chairman of the Digital Health Forum. His current portfolio and board positions include Horizon Discovery plc, PushDr, Fluidic Analytics, Frameshift, LifeSum, Mimi, MyRecovery and Omixy.

In over a decade of investment experience he has managed a successful portfolio of healthcare companies including Napo Pharmaceuticals (USA), Glenmark (India), Renovo Group (UK) Phagenesis (UK) Psynova Neurotech, Bioscale and Enigma Diagnostics. Prior to being a venture capitalist, Dr Gulati trained as a physician at the Nuffield Department of Medicine (Oxford) and Department of Medicine (St Mary’s Hospital, London) and worked at Atlas Venture, The Wellcome Trust and Radiant Capital.

[rambutan2] 01/5/2017 18:24

Well worth a listen to the CEO of Graphcore (from 2mins to 10mins):



A reminder:

[rambutan2] 12/4/2017 02:42

Y/e update and possible capital raise:

[rambutan2] 25/3/2017 00:44

Looks a bit of a coup for GROW: