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 Mercia Ventures to support the company expansion and product development.
"Law firms are evolving, and technology must evolve with them. Tessaract is built to remove the operational burden — enabling legal teams to work seamlessly across data, finance, and client delivery. With Mercia Ventures’ backing, we’re scaling that capability to more firms across the UK."
The oversubscribed round was led by Fuel Ventures to accelerate growth across the UK and the US.
"As a clinician, I’ve seen how much of our time is swallowed by paperwork and antiquated systems. Synthax is our answer to that – to equip outpatient clinics with the same AI advantages larger institutions enjoy. The gap in this market is enormous, particularly in the US where thousands of independent clinics still lack access to modern tools. This investment will enable us to hire top engineering talent and accelerate our growth across the US and beyond."
Fuel Ventures led the pre-seed round to help launch portable vasectomy test kits and advance semen analysis tools.
The Aberdeenshire-based EdTech startup secured backing from Fuel Ventures and Mint Ventures.
Fuel Ventures has backed the seed round to support platform development and market expansion.
"This raise is a major step forward in our journey. We’ve seen huge momentum over the past 12 months, and this investment allows us to push even further, improving our tech, deepening customer relationships, and building the operational backbone to scale with confidence. We’re excited to have Fuel Ventures continuing with us on this path."
