Private Equity News UK – UK Fuel Ventures has closes it early-stage fund, £100mil in the tank
London-based venture capital firm Fuel Ventures has closed its third early-stage fund, raising £100m. The fund will be used to invest in ambitious UK tech companies at the pre-seed and seed stage.
Fuel Ventures was founded in 2014 by Mark Pearson and Ben Deloiter. The firm has a strong track record of investing in early-stage tech companies, with a portfolio that includes companies such as ContentCal, Feel, and Iterative.
The new fund will focus on investing in companies that are developing innovative products and services in the following sectors:
- FinTech
- HealthTech
- Enterprise Software
- Consumer Tech
Fuel Ventures is looking for companies that have the potential to be category leaders. The firm is also looking for companies with strong teams and a clear vision for the future.
“We are excited to announce the closing of our third fund,” said Mark Pearson, Managing Partner of Fuel Ventures. “The strong support from our investors is a testament to the value proposition of our firm and our track record of success. We look forward to deploying the fund’s capital to invest in and grow the next generation of UK tech companies.
The closing of Fuel Ventures’ third fund is a significant event for the UK tech ecosystem. The fund’s size and scope reflect the growing demand for early-stage investment in the UK tech sector. Fuel Ventures is well-positioned to capitalize on this demand and to continue to support the growth of the UK tech industry.
Here are some of the key benefits of investing in Fuel Ventures’ third fund:
- The fund is backed by a strong team of experienced investors with a proven track record of success.
- The fund is focused on investing in ambitious UK tech companies with the potential to be category leaders.
- The fund offers investors the opportunity to participate in the growth of the UK tech sector.
