Molten Ventures is a public, FTSE 250-listed venture capital firm with permanent capital that lets them hold stakes through multiple funding cycles without pressure to exit early, unlike traditional closed-end VC funds that must return capital on fixed timetables. They operate as a multi-channel venture platform combining a listed plc, venture capital trust, and limited-partnership funds to back companies from seed through growth, while maintaining a concentrated Core Portfolio of around 17-18 companies and targeting public equity investors through detailed transparency and frequent market communications.