(Alliance News) - Molten Ventures PLC on Thursday said it expects a fall in net asset value per share at March 31, and its gross portfolio value is also projected to decrease. Read More
Molten Ventures PLC - Tech-focused venture capital firm - Notes portfolio company Ledger closes Series C extension round. Says extension round maintains Ledger's valuation at EUR1.3 billion and was supported by new and existing investors. Adds extension will enable Ledger to further ambitions on blockchain. "Ledger continues to grow rapidly with recent cryptocurrency newsflow highlighting the importance of secure consumer devices. Ledger has sold over six million devices, securing more than 25% of the world’s cryptocurrencies and over 30% of the world's non-fungible tokens. This extension round will enable Ledger to further its global ambitions and accelerate its drive to support blockchain innovation," Molten Ventures says. Chief Executive Officer Martin Davis adds: "This latest round is testament to the strength of Ledger's business and its revolutionary technology that will continue to play a critical role in the future of crypto assets and blockchain." Read More
(Alliance News) - Molten Ventures PLC on Tuesday said that Chair Karen Slatford has decided to retire, after nearly seven years in the post. Read More
(Alliance News) - Molten Ventures PLC said on Thursday it syndicated a portion of its Fund of Funds programme to Castle Investments, the private family office investment vehicle of entrepreneur Tommy Kelly. Read More
(Alliance News) - Molten Ventures PLC on Monday said net asset value fell in its recent half-year, as it warned uncertainty will continue in the medium-term due to the wider macroeconomic climate. Read More
(Alliance News) - Molten Ventures PLC on Wednesday said it expects its gross portfolio value to grow but net asset value to fall on lower realisations as the technology sector declines. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
Molten Ventures PLC - London-based venture capital firm focused on technology companies - Agrees new GBP150 million net asset value facility with JP Morgan Chase Bank NA and Silicon Valley Bank. The debt facility comprises a GBP90 million terms loan and a revolving credit facility of up to GBP60 million on a three and two year basis, respectively. Both have one-year extensions for up to five years and the interest rate is sterling overnight index average plus a margin of 5.5% per year. Read More
(Alliance News) - Molten Ventures PLC on Monday said its gross portfolio value was up 55% but warned of "slowing of investment" in the coming year. Read More
(Alliance News) - Venture capital firm Molten Ventures PLC on Wednesday said its portfolio company, Thought Machine Group Ltd, has been valued at USD2.7 billion following a round of funding. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Molten Ventures PLC - London-based venture capital firm focused on technology companies - Expects net asset value and gross portfolio growth in its financial year ended March 31. Net asset value per share set to rise to 929 pence from 743p a year ago. Gross portfolio value to climb to at least GBP1.53 billion from GBP984 million, the company says. Available cash at end of March to grow to GBP174 million, compared to GBP161 million a year ago. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday afternoon: Read More
(Alliance News) - Parsley Box on Thursday revealed plans for a GBP7.0 million equity raise, a day after its shares plunged by a quarter. Read More
Molten Ventures PLC - London-based venture capital firm focused on technology companies - Says that following the closing of an externally led round in a portfolio company, the fair value of Molten's holding has increased by GBP76 million based on the value of the round. The portfolio company has yet to be named. The increase in fair value supports the previously announced year-end guidance of fair value growth in the region of 35%, company notes. Read More
Molten Ventures gets good return on Bright Computing sale to Nvidia Read More