Molten Ventures rises after portfolio company ICEYE raises over €1 billion
09/06/2026 09:16
BUZZ-Molten Ventures rises after portfolio company ICEYE raises over €1 billion ** Shares of venture capital firm Molten Ventures GROW.L up 8.6% at 586.75 p
** Stock is top gainer in London's mid-caps index .FTMC
** ICEYE, a portfolio company of Molten, raised more than €1 billion in a Series F transaction, at a primary valuation of over €10 billion
** Company says holding value in ICEYE will increase to £317 million, representing an uplift of £238 million** Company says uplift would increase its GPV by about 16% and NAV per share by about 117 pence
** Company reports FY NAV per share of 760 p, compared with 671 p a year ago
** As of Monday's close, Molten stock up 6.6%, compared with a 2.6% rise in FTMC
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))