on Molten Ventures Plc (isin : GB00BY7QYJ50)
Molten Ventures Completes Exit from M-Files
Molten Ventures plc, a venture capital firm specializing in high-growth digital technology, has announced the successful completion of its exit from M-Files. This exit followed pending regulatory approvals and marks a substantial return for the company.
Initially invested in the Series A round in 2013, Molten Ventures achieved a 7.4x multiple on its invested capital. This exit contributes to total group realizations for the financial year, now reaching £124 million, surpassing the original £100 million guidance.
CEO Ben Wilkinson expressed satisfaction with these results, stating they validate the quality of Molten's portfolio. These proceeds enable further investment opportunities and potential smaller exits.
Molten Ventures continues to focus on active portfolio management and strong investor returns. This strategic exit aligns with their approach to investing in innovative markets with global expansion potential.
R. E.
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