27th Apr 2026 08:54
(Alliance News) - Molten Ventures PLC said its net asset value increased in its recently-ended financial year, helped by a "positive performance in key assets".
The backer of digital technology businesses, in a trading statement, said it net asset value per share rose 13% in the 12 months to March 31 to around 760 pence.
Gross portfolio value shot up 11% to around GBP1.52 billion from GBP1.37 billion the year prior.
"While public market comparables in some sectors experienced pressure, strong performance in the Core Portfolio, including ICEYE, Revolut, Ledger, and Riverlane, more than offset this. Two companies in the Emerging Portfolio, Modo Energy and Manna, also advanced to the Core Portfolio following successful funding rounds," Molten Ventures said.
"There continue to be positive industry tailwinds emerging from the move toward European technology sovereignty and resilience."
Molten Ventures shares rose 6.4% to 565.00 pence each in London on Monday morning.
Molten Ventures announces annual results on June 9.
By Eric Cunha, Alliance News news editor
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