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Molten Ventures Plc (GROW)
Establishment of Dedicated Secondaries Team
04-March-2026 / 07:00 GMT/BST
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Molten Ventures plc
("Molten Ventures", "Molten", or the "Company")
Establishment of Dedicated Secondaries Team
Molten Ventures (LSE: GROW), a leading venture capital firm investing in
and developing high-growth digital technology businesses, is pleased to
announce three appointments, forming a new dedicated team focused on the
expansion of its secondary investment strategy.
The team of Malcolm Ferguson, Nick Sando and Steven Mendel brings
extensive investment and operational experience to Molten. Malcolm and
Nick join from Octopus Ventures, where they invested into and supported
high-growth companies from the earliest stages, working closely with
founders through their journey, including advising on strategic questions
such as cap table management and liquidity. Steven is a co-founder and
former CEO of ManyPets, which he scaled for over a decade to unicorn
status, building it into one of the top pet insurers in the UK. This gave
him direct experience of the liquidity challenges faced by founders,
employees and early investors in fast-growing private companies. Together,
they join to build a dedicated approach to an increasingly important part
of the private markets ecosystem, as companies stay private for longer and
demand for liquidity solutions continues to grow.
Building on Molten’s established track record of acquiring companies and
portfolios of high‑quality, mature assets with nearer‑term realisation
opportunities, the new team will focus on raising a dedicated third‑party
secondary fund to co‑invest alongside the Molten Ventures plc balance
sheet. This supports Molten’s strategic priorities of building scale and
expanding third‑party capital alongside core Series A and B investing.
Ben Wilkinson, Chief Executive Officer of Molten Ventures, commented: “We
are delighted to welcome Malcolm, Nick and Steven to Molten. The
secondaries market continues to evolve, and their combined experience will
be instrumental as we build a differentiated and scalable secondaries
capability. Secondaries are an important part of our platform,
complementing our strategic emphasis on Series A and B opportunities by
providing access to high-quality, later-stage assets with more immediate
pathways to liquidity. Building a dedicated team to leverage our existing
platform is a natural next step as we scale this capability, deepen
origination across the European venture ecosystem and continue to deliver
disciplined, NAV accretive capital deployment for shareholders.”
Malcolm Ferguson, incoming Partner, Secondaries, added: “Molten has been
at the heart of European technology for more than two decades, building
trusted relationships with founders, investors and partners across the
continent. With that network and experience including liquidity events for
companies like Revolut, Trustpilot and UiPath, Molten is in a unique
position to take our work in secondaries to the next level. I’m really
excited to lead this new team, focusing on great businesses that are a
little further along in their journeys and working alongside the wider
Molten team to deliver strong outcomes for everyone involved.”
Molten Ventures plc
+44 (0)20 7931 8800
Ben Wilkinson (Chief Executive Officer)
1 ir@molten.vc
Andrew Zimmermann (Chief Financial Officer)
Deutsche Numis
Joint Financial Adviser and Corporate Broker
+44 (0)20 7260 1000
Joshua Hughes
Liam Kingsmill
Berenberg
Joint Financial Adviser and Corporate Broker
Ben Wright +44 (0)20 3207 7800
Harry Nicholas
Mark Whitmore
Sodali & Co
Public relations +44 (0)7889 297 217
Elly Williamson 2 molten@sodali.com
Sam Austrums
About Molten Ventures
Molten Ventures is a leading venture capital firm in Europe, developing
and investing in high growth technology companies.
It invests across four sectors: Enterprise & SaaS; AI, Deeptech &
Hardware; Consumer Technology; and Digital Health with highly experienced
partners constantly looking for new opportunities in each.
Listed on the London Stock Exchange, Molten Ventures provides a unique
opportunity for public market investors to access these fast-growing tech
businesses, without having to commit to long-term investments with limited
liquidity. Since its IPO in June 2016, Molten has deployed over £1bn
capital into fast growing tech companies and has realised more than £700m
to 30 September 2025.
For more information, go to
3 https://investors.moltenventures.com/investor-relations/plc
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ISIN: GB00BY7QYJ50
Category Code: MSCL
TIDM: GROW
LEI Code: 213800IPCR3SAYJWSW10
Sequence No.: 419870
EQS News ID: 2285070
End of Announcement EQS News Service
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