Fuel Ventures is a UK venture capital firm that invests in early-stage technology startups with high growth potential.
The pre-seed investment was led by Nick Slater and John Spindler at Twin Path Ventures to support engineering and compliance growth.
"With the current explosion in AI capabilities, we believe Jenesys is well placed to take advantage. The team passed extensive technical due diligence to prove their use of cutting edge AI, integrating it directly into everyday workflows to allow for seamless productivity gains. We are very excited about what they can achieve."
Eleven Ventures led the seed investment in the financial artificial intelligence platform, with additional backing from Fuel Ventures.
"It was immediately clear from our own experiences in Venture Capital that Eilla’s innovative, AI driven approach will save a substantial amount of time and resources. Eilla will enable us in VC and others across PE, Corporate Finance and beyond to really focus on actually adding value. We’re excited to be investing alongside Eleven Ventures, and are looking forward to building something great with the enormously talented Eilla team."
The marketplace super seller is targeting £38.9m in sales following backing from Prime Advantage Capital Partners and the FSE Group.
The pre-seed round was backed by Indico Capital Partners, APX, Fuel Ventures, and Magic Fund.
"Our mission is to give everyone the financial stability that will steer them safely through times of unavoidable hardship by offering accessible, affordable and essential insurance policies. We’ve made huge progress towards this goal in just a few short months, and with our new investment partners, that progress will accelerate."
Fuel Ventures led the pre-seed round, which will fund product development, marketing, and team expansion.
"We’re looking forward to working with Theo, the founder of Slinger, a platform that addresses the UK’s hospitality worker shortage by connecting the UK’s 10.3 million frontline workers to Living Wage opportunities."
