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£175m first close of Molten Growth Fund with cornerstone commitment from British Business Bank
Venture Capital

£175m first close of Molten Growth Fund with cornerstone commitment from British Business Bank

4 mins read

Bakhrom Ibragimov

Head of Molten East

London

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I am passionate about partnering with founders who have a first-hand understanding and personal stake in the markets they serve. Their authentic connection drives resilience in tough times and discipline during periods of rapid growth.

- Bakhrom

Bakhrom joined Molten in 2022 from EBRD VC which he founded and headed up, managing commitments of €500m over three VC funds, investing in companies such as Docplanner, PandaDoc, PicsArt, Trendyol, among others. Previously Bakhrom was leading investments with Virgin Green Fund as a Founding Principal and TLcom Capital as Investment Director. Bakhrom was also Internet Finance Director in Virgin Media and tech investment banker with Cowen & Co and Credit Suisse.

Bakhrom graduated on academic scholarships from Tashkent Technical University, Cambridge University and London School of Economics.

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Molten Ventures Growth Fund First Close

Molten Ventures announces the first close of our Growth Fund at £175 million, including a £75 million cornerstone commitment from the British Business Bank. 

“There is no shortage of exceptional founders or technology businesses in the UK and Europe; what they too often lack is sufficient growth capital to help them become global leaders. This Fund gives Molten greater firepower to back our highest-conviction companies at Series B and beyond, build meaningful ownership positions and channel capital into the next generation of growth.” - Ben Wilkinson, CEO of Molten
Read the press release here