About Draper esprit
Draper Esprit: The European Tech-Focused VC with a Difference
Draper Esprit, now known as Molten Ventures, is a venture capital firm that has been making waves in the European tech scene. Unlike other VCs that are tied to five-year cycles, Molten Ventures takes a different approach by backing brilliant teams with global ambition. This means that they are not constrained by rigid timelines and can provide long-term support to their portfolio companies.
Founded in 2006, Draper Esprit has since invested in over 300 companies across Europe and the US. They have raised over $2 billion in funds and have helped many startups grow into successful businesses. Their portfolio includes well-known names such as Trustpilot, UiPath, TransferWise, and Revolut.
What sets Draper Esprit apart from other VCs is their focus on technology. They invest in companies that are using technology to disrupt traditional industries or create new ones altogether. This includes areas such as fintech, cybersecurity, artificial intelligence (AI), robotics, and more.
Another unique aspect of Molten Ventures is their team-based approach to investing. They believe that the success of a startup depends on more than just its founders - it also requires a strong team with diverse skills and experiences. As such, they look for startups with talented teams who can work together effectively.
Molten Ventures also provides more than just funding to their portfolio companies - they offer strategic guidance and operational support too. Their team of experienced investors has deep knowledge of the tech industry and can help startups navigate challenges along the way.
In addition to investing in startups directly, Draper Esprit also partners with other VCs through its EIS/SEIS funds. These funds allow investors to benefit from tax relief while supporting early-stage tech companies.
Overall, Molten Ventures is an exciting player in the European tech scene thanks to its innovative approach to investing and focus on technology. With their long-term support and strategic guidance, they are helping to build the next generation of successful tech companies.