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Fuel

Fuel

Venture Capital

Fuel Ventures is a UK venture capital firm that invests in early-stage technology startups with high growth potential.


Recent investments

Seed
£5.0M

The seed round was led by Fuel Ventures to support the company in scaling its e-commerce technology platform.

"During the pandemic, we have seen interiors become the new fashion, with people investing in their homes instead of their clothes. The growth in demand is astonishing and shows no sign of slowing. This investment from Fuel Ventures, marks the next step in our journey to scale and help other ecommerce brands to do the same."
— Nick Moutter, Founder & CEO
Seed
£35.0M

The £35m round features backing from Bring Ventures, Fuel Ventures, and other strategic investors.

"I created OnBuy to provide something unique: a clear, level playing field – and in our 4 years of rapid growth, it’s clear to see that this is a model that works to everyone’s advantage."
— Cas Paton, CEO
Series A
£16.8M

EQT Ventures led the financing round alongside participation from Augmentum Fintech and Fuel Ventures.

"Instant payments are set to dominate the global payments landscape and will become the new normal. It’s an exciting time to be in payments, and we are delighted to have secured such a significant funding round, and the backing of an influential group of investors. We look forward to working with our new partners at EQT Ventures as we build out our global vision."
— Tom Greenwood, CEO