REG-Molten Ventures Plc 30 million euro investment in Isar Aerospace

Molten VenturesAnnouncement

Today 07:00

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   Molten Ventures Plc (GROW)
   30 million euro investment in Isar Aerospace

   10-Jun-2026 / 07:00 GMT/BST

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                              Molten Ventures plc

                ("Molten Ventures", "Molten", or the "Company")

                                        

   30 million euro investment in Isar Aerospace (“Isar Aerospace” or “Isar”)

                                        

      ‘Continuing to support one of the most significant opportunities in
                           European space technology’
                                        

   Molten Ventures (LSE: GROW), a  leading venture capital firm investing  in
   and  developing  high-growth  digital  technology  businesses,  notes  the
   announcement made yesterday  by Isar Aerospace,  a leading European  space
   launch company  creating  access  to  space  from  Europe,  regarding  the
   completion of a €270 million Series D financing round.

    

   Molten are a significant strategic  backer, investing €30 million in  this
   round, alongside  Island Green  Capital  and participation  from  existing
   investors. The  capital  will drive  global  scaling and  ramp  up  serial
   production of the Spectrum launch vehicle.

    

   Isar Aerospace was founded in 2018 near Munich, Germany, to open space  as
   a platform for future technologies and innovations, making space scalable.
   As a launch  service provider  for small and  medium-sized satellites  and
   satellite constellations,  Isar is  creating access  to space  for  global
   customers and is  one of the  most compelling opportunities  in the  space
   technology sector.

    

   Space launch is facing a structural supply deficit in Europe at  precisely
   the moment demand  is accelerating. Governments  and commercial  operators
   increasingly require reliable, responsive access to orbit for comms, earth
   observation, defence,  and national  security, yet  Europe has  lacked  an
   operational, commercially  competitive launch  provider. We  believe  that
   success in this market is  a function of the  ability to iterate fast  and
   drive down  the  cost  of  failure, and  that  requires  owning  the  full
   technical stack. Isar's vertically integrated manufacturing model  enables
   rapid development cycles and a structural cost advantage over peers. This,
   combined with  the scale  of unmet  demand for  sovereign European  launch
   capability, is why Molten believes Isar is so well positioned to become  a
   defining player in Europe's new space infrastructure.

    

   Molten already has a holding in Isar within the Core Portfolio through  an
   investment in Earlybird funds. The fair value of that Isar holding was £40
   million at the 31 March 2026 year-end valuation, delivering a multiple  on
   invested capital of approximately 10.1x as at that date.

    

   Daniel Metzler, Co-Founder and CEO of Isar Aerospace, said:

    

   “As space becomes essential infrastructure for governments and  commercial
   enterprises, launch capacity remains the critical bottleneck. Our  mission
   with  Isar  Aerospace   is  to  deliver   resilient,  competitive   launch
   capabilities  to  Europe,  NATO,  and  its  allies.  Molten’s   long-term,
   high‑conviction support will help us  accelerate our next phase of  global
   expansion as we continue scaling our integrated launch services.”

    

   Ben Wilkinson, Chief Executive Officer of Molten Ventures, commented: 

    

   “Isar Aerospace represents  one of the  most significant opportunities  in
   the European space technology sector. It exemplifies what we do as venture
   capital investors: identifying and  providing our investors with  exposure
   to  category-defining  companies,  backing  them  from  an  early   stage,
   continuing to support these companies  at key value inflexion points,  and
   ultimately being  well-positioned  to  realise outsized  returns.  We  are
   extremely proud to be continuing to support Isar’s success.”

    

   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 £1 billion
   capital into fast growing tech companies  and has realised more than  £750
   million to 31 March 2026.

    

   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.:  430821
   EQS News ID:   2342678


    
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References

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