Fuel Ventures

Fuel Ventures is a UK venture capital manager investing from pre-seed to Series A in technology companies with early commercial traction. Its site states cheque sizes of £150k to £3m and around 30 new first-cheque investments a year. It is not a single-fund partnership: it runs several distinct UK tax-advantaged vehicles, and its investors page names four - a Pre-Seed SEIS Fund writing up to £250,000, a Scale-up EIS Fund writing £1m to £3m, a Follow On EIS Fund writing £500k to £2m, and a VCT Fund writing £250k to £1m. The firm's own page describing its model refers to five separate funds, and its sitemap additionally carries a Seed EIS fund page. The SEIS fund is stated to invest in a diversified portfolio of 20 to 30 early-stage technology companies a year, with a minimum of ten companies per investor. Fuel Ventures Limited is an appointed representative of Palace Ventures Limited, which is authorised and regulated by the Financial Conduct Authority under firm reference number 433291; Fuel Ventures is not itself the FCA-authorised entity. Its founder Mark Pearson has written that the firm deploys around £70m a year and names SaaS, fintech and marketplaces as focus areas.

Not publicly disclosed (no AUM or funds-under-management figure is published; the firm states the funds have invested over £280m across 230+ companies, which is cumulative capital invested) AUM 64/100 Power Score™ 2014 Founded
SaaS Fintech Marketplaces Technology
View Live Interactive Profile → Visit Fuel Ventures's Website ↗

Signature Exit

ContentCal (exited to Adobe, per Fuel Ventures' own homepage; the firm states no year)

Key Partners & Leadership

Managing Partner (founder of Fuel Ventures)
Managing Partner
Partner
Partner
Partner

Firm Timeline

2014
Fuel Ventures begins, on its own account: 'Fuel Ventures technically started back in 2014 when we started raising our first fund.'
2024
Mark Pearson writes in Maddyness UK on 2 December 2024 that Fuel Ventures invests £250K to £3M, deploys around £70m a year and has backed over 170 companies.
2025
Fuel Ventures announces investments including Community Wolf (£340,000, January 2025), Jack Fertility (over £500,000, January 2025) and Intelligent Core (£2m).
2026
Fuel Ventures announces Deaku's £480,000 pre-seed round on 13 March 2026 and states across its site that its funds have invested over £280m into 230+ companies.