These are high-risk investments and you are unlikely to be protected if something goes wrong.
created by entrepreneurs for entrepreneurs
Fuel Ventures was founded by Mark Pearson who built his own company and scaled it to a £55m exit. We know how hard building fast growth companies is and we use all our operational expertise and experienced network to help companies grow.
We are active investors, bringing our own experience as entrepreneurs to support the funds' portfolio companies.
We can understand and guide entrepreneurs because we have been in their shoes. Our team have experience in founding, working in or exiting startup companies.
We've partnered with some of the top providers of software & infrastructure to give our portfolio founders access some of the best tools, at a discounted cost.
"We have worked with Fuel Ventures in both our pre-Seed and our recent Seed round, and I would just like to say how grateful we are to have had their guidance and support throughout the journey. We see Fuel as an extension of our team, and they have proven to be invaluable to Supportwave’s success."
"Fuel Ventures are a unique investor who are plugging a very important gap in the UK VC ecosystem between ‘Pre seed-Series A’ with meaningful multi million £ tickets. Fuel Ventures were the obvious go to for me when I was raising my £1m+ seed round."
"From my first meetings with the team, I was met with an appreciation of who I am as a human, the value I add to the ecosystem and the belief in my ability to follow through and be successful with building a valuable company. So far the team has been valuable for me as I navigated testing periods and provided thought partnerships whilst I was making the important decisions along the way."
"Fuel Ventures have been instrumental in my successful journey as a Founder. The Fuel Ventures funds provided both our seed and follow on funding, along with introducing us to other strategic VCs. We eventually sold to Carta creating a significant outcome for all parties involved. If I start another business I will certainly be going back to Fuel for my seed round!"
"I have raised 6 rounds of funding for 2 ventures from top UK VCs in the last decade and I can categorically say that Fuel Ventures stand apart from all the others. They feel like a natural extension of the founding team, someone who has your back. I can wholeheartedly recommend them as partner to any entrepreneur"
"Fuel Ventures will always have a place close to my heart. They placed trust in me for my seed round, all the way through to guiding me through to a successful exit of my business in being acquired by Adobe. I’m pleased that I’ve been able to return Fuel Ventures many multiples of their invested capital."
"Fuel Ventures is an entrepreneur-led fund that understands the challenges and opportunities of building a successful startup. They have been a great partner to us and have assisted in achieving our growth targets, along with successful introductions to our follow on VC investors. I would recommend any early stage Founder to work with Fuel."
"We have worked with Fuel Ventures in both our pre-Seed and our recent Seed round, and I would just like to say how grateful we are to have had their guidance and support throughout the journey. We see Fuel as an extension of our team, and they have proven to be invaluable to Supportwave’s success."
"Fuel Ventures are a unique investor who are plugging a very important gap in the UK VC ecosystem between ‘Pre seed-Series A’ with meaningful multi million £ tickets. Fuel Ventures were the obvious go to for me when I was raising my £1m+ seed round."
"From my first meetings with the team, I was met with an appreciation of who I am as a human, the value I add to the ecosystem and the belief in my ability to follow through and be successful with building a valuable company. So far the team has been valuable for me as I navigated testing periods and provided thought partnerships whilst I was making the important decisions along the way."
"Fuel Ventures have been instrumental in my successful journey as a Founder. The Fuel Ventures funds provided both our seed and follow on funding, along with introducing us to other strategic VCs. We eventually sold to Carta creating a significant outcome for all parties involved. If I start another business I will certainly be going back to Fuel for my seed round!"
"I have raised 6 rounds of funding for 2 ventures from top UK VCs in the last decade and I can categorically say that Fuel Ventures stand apart from all the others. They feel like a natural extension of the founding team, someone who has your back. I can wholeheartedly recommend them as partner to any entrepreneur"
"Fuel Ventures will always have a place close to my heart. They placed trust in me for my seed round, all the way through to guiding me through to a successful exit of my business in being acquired by Adobe. I’m pleased that I’ve been able to return Fuel Ventures many multiples of their invested capital."
"Fuel Ventures is an entrepreneur-led fund that understands the challenges and opportunities of building a successful startup. They have been a great partner to us and have assisted in achieving our growth targets, along with successful introductions to our follow on VC investors. I would recommend any early stage Founder to work with Fuel."
"We have worked with Fuel Ventures in both our pre-Seed and our recent Seed round, and I would just like to say how grateful we are to have had their guidance and support throughout the journey. We see Fuel as an extension of our team, and they have proven to be invaluable to Supportwave’s success."
Christian Owens, Founder of Paddle, on Fuel Ventures
Discover why Christian Owens, founder of Paddle - a UK unicorn valued at over £1 billion - trusts Fuel Ventures to back the next wave of tech innovators in this exclusive testimonial for us.
Equity management platform for private companies
Equity management platform for private companies
Equity management platform for private companies
Founder & Managing Partner
From an initial investment of only £300, Mark grew MyVoucherCodes into the second biggest voucher code brand in Europe (by revenue and audience) where the network served over 2 million users in eight territories across Europe & South America and the business employed circa 100 staff.
Fuel Ventures VCT listed on the London Stock Exchange
Capdesk sells to Carta for c.$88m
Last updated: 15 April 2024 | Estimated reading time: 2 min
What are the key risks?
1. You could lose all the money you invest
If the business you invest in fails, you are likely to lose 100% of the money you invested. Most start-up businesses fail.
2. You are unlikely to be protected if something goes wrong
The business offering this investment is not regulated by the FCA. Protection from the Financial Services Compensation Scheme (FSCS) only considers claims against failed regulated firms. Learn more about FSCS protection here.
Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
3. You won’t get your money back quickly
Even if the business you invest in is successful, it may take several years to get your money back. You are unlikely to be able to sell your investment early. The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common. If you are investing in a start-up business, you should not expect to get your money back through dividends. Start-up businesses rarely pay these.
4. Don’t put all your eggs in one basket
Putting all your money into a single business or type of investment, for example, is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments. Read more about it here.
5. The value of your investment can be reduced
The percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares. These new shares could have additional rights that your shares don’t have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment. If you are interested in learning more about how to protect yourself, visit the FCA’s website here.
Please find the PDF version here.