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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
£1.5M

The oversubscribed funding round was led by Fuel Ventures to scale artificial intelligence software for National Health Service trusts.

"We are thrilled by the strong investor backing for our vision to fundamentally improve NHS servicedelivery. This £1.5 million investment allows us to scale our technology more rapidly, helping NHStrusts eliminate unnecessary administrative burden, reduce reliance on costly external providers, andcrucially, get patients the timely care they need. We’re dedicated to empowering hospitals withsolutions that make a real-world difference for patients and healthcare professionals alike."
— Jack Henderson, Founder and CEO
Pre-Seed
£1.0M

The oversubscribed round was led by Bethnal Green Ventures with participation from a group of specialist investors and angels.

"Vouchsafe was one of the standout successes of the CivTech programme, tackling a challenge that affects millions. Their approach to identity verification is a game-changer, making it easier, faster, and more cost-effective for public services to reach those who need them most. This funding is a testament to the impact they are already making, and I’m excited to see how they scale their work to help even more people access vital services."
— Mark Elliot
Pre-Seed
£720K

Fuel Ventures led the pre-seed round to help expand the company's legal artificial intelligence platform.

"We are delighted to have the support of Fuel Ventures and our angel investors as we push forward in our mission to transform the legal industry with our technology. This funding not only validates our vision but also enables us to further develop and scale our AI-powered solutions, ensuring legal professionals have access to the most advanced technology available."
— Reuben Greet-Smith, CEO
Seed
£495K

Fuel Ventures led the pre-seed round, which values the recruitment technology start-up at $6m.

"Recruiting is broken. It’s a slow and manual process, with extremely expensive hiring fees, and hundreds of unsuitable applications. Hiring managers are frustrated, and candidates are burnt out applying to job advert after job advert and then never hearing back. That’s why we have built Alfa. Our AI Agent is capable of millions of calls simultaneously, in any language, at 97% lower cost than a human."
— Alfie Whattam, Chief Executive Officer