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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

Seed
£525K

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."
— Chris Carter, Founder & CEO
Pre-Seed
£450K

Fuel Ventures led the pre-seed round, which will fund team expansion and product development.

"Foreign exchange has long been a black box. It is often complicated, expensive, and controlled by brokers or platforms that offer little transparency. We started Glyde to give users more control. Whether you are a freelancer billing in euros, a business paying overseas suppliers, or someone managing income across borders, you deserve a faster, clearer and more cost-effective solution. This funding gives us the momentum to deliver exactly that, at scale."
— Ellis Taylor, CEO and Co-Founder
Seed
£315K

Fuel Ventures led the pre-seed round to help accelerate growth and expand partnerships for the housing platform.

"We’re building tools that will transform how we plan for housing. Policymakers know the numbers. The challenge is understanding what homes can go where. With this funding, we’re scaling our platform to give planners, developers, and local leaders the clarity they need to make housing delivery actually happen."
— Euan Mills, CEO and Co-Founder
Pre-Seed
£7.4M

The pre seed round was led by Activant Capital and saw backing from several fintech funds and industry executives.

"This isn’t about replacing the old with the new; it’s about intelligently integrating both. We’re not chasing crypto hype, we’re leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations."
— Tom Greenwood