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Fuel

Fuel

Venture Capital

Fuel is a venture capital firm that invests in ambitious entrepreneurs building market leading companies.


Recent investments

Series A
£4.6M

Fuel Ventures led the Series A round alongside Second Century Ventures and Ascension Ventures to support the company's growth in the property sector.

"This is a time of great opportunity for both landlords and their accountants. Government changes in the form of MTD for ITSA is a clear signal that the digital future is on its way."
— Manoj Varsani, Founder and CEO
Series A
£8.0M

The follow-on investment will support international expansion and product development.

"We’re thrilled that Downing Ventures has decided to back us in our next chapter. The Downing team offers a lot more than just funding and their expertise in the sector will provide a value-add that will really accelerate our service. With this new funding, we’ll be able to lean into our goal of internationalising and developing our products and communities."
— Callum Adamson, CEO
Series A
$15.0M

Element Ventures led the Series A round with participation from Fuel Ventures and Silicon Valley Bank.

"The traditional model for knowledge sharing lacks innovation and is cost prohibitive to scale. At Arbolus we’re building a platform that breaks that framework and gives professionals more autonomy. We are driven by the mission of making the world’s offline knowledge digitally accessible to a much wider customer base. We want to index the world’s human knowledge and make that widely searchable for the first time"
— Sam Glasswell, CEO and co-founder
Seed
£600K

Fuel Ventures led the pre-seed round to help Monspire launch its cashflow management platform to market.

"Most business owners don’t start their own firm with a desire to spend their time running a finance function. As our study found, it actually distracts them from building their business. With Monspire, we want to give business owners the confidence to grow knowing that their finances are taken care of."
— Ben Gillen, Founder