Fuel Ventures is a UK venture capital firm that invests in early-stage technology startups with high growth potential.
The funding round was led by business angel Eamon Tuhami alongside Fuel Ventures and matched by the Development Bank of Wales.
"From Pakistan to Dubai then Poland to Cardiff, this has been a three year journey that started in my home garage fondly known as the ‘Gar-Office’."
The pre-seed round was led by Fuel Ventures with participation from Oracle VC and angel investors.
"My vision is to significantly improve the home moving process and this funding round is a major step towards achieving that goal. As an ex estate agent, I have witnessed firsthand the issues that can arise in the industry due to poor practices, which can lead to consumers feeling sceptical and negative towards the entire sector."
Fuel Ventures led the seed round for the proptech start-up, which will use the capital for team expansion and product launch.
"property lawyers are in tight supply, and many law firms are reluctantly turning away business because they are struggling to recruit new talent. As a result, some law firms are looking at ways to use technology to increase their capacity whilst improving service. By supplying this data instantly, and in a more meaningful format than ever before, we are enabling, for some law firms, a 40% increase in capacity."
The seed round was led by Fuel Ventures to support international expansion and team growth.
"In order for hotels to win in the new world of travel, they will need powerful solutions that work in their favour, and not against them. Existing tech is too expensive, too fragmented and not cut out for the modern world."
The seed round was led by Fuel Ventures to support team growth and product expansion.
"Deciding to invest into Brizy was easy. They have a world-class product, have a proven track record and business model, a strong team of founders and an exciting lineup of products in the pipeline. Even with the recent slowdown of VC activity we felt confident that Brizy will take the website builder market by storm!"
