Molten Ventures refocuses fund-of-funds strategy on specialist VCs in defence and space
Molten Ventures, one of Europe's most active LPs, is repositioning its fund-of-funds strategy to back more specialist VC funds, as trends such as defence and space claim a growing share of the public and private capital flowing to startups.
What's the deal? The London-listed firm's fund-of-funds arm is shifting away from generalist managers towards VCs with deep sector expertise, Michael DimelowDealroom has a profile for this one. Try Dealroom →, who leads the strategy, told Sifted.
Why specialists? Dimelow argues that defence, space and other deep-tech themes now demand industrial and technical know-how that generalist funds often lack, making specialist managers better placed to source and pick winners in those categories.
The wider signal. The move reflects a broader repositioning among European LPs, tilting capital towards managers with demonstrable domain edge rather than broad-mandate generalists.
Read more: Sifted
