£1.5M
Fuel Ventures backs the marketing agency platform for its first institutional round.
"Big brands want new talent, but smaller indie businesses can't cope with the admin and red tape that big brands demand from their suppliers,"
Fuel
Venture CapitalFuel Ventures is a UK venture capital firm that invests in early-stage technology startups with high growth potential.
Recent investments
£150K
Fuel Ventures led the pre-seed round for the vehicle ownership validation platform.
£4.2M
The Series A round was led by Fuel Ventures alongside a crowdfunding campaign.
"Wombat has come a long way in the last three years and closing this funding round is another key milestone on our journey to help more budding investors embrace the habit of saving and investing for their futures,"
£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."
£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."
