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Fuel Ventures
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Fuel Ventures

UK venture capital firm backing technology companies from pre-seed through Series A.

Fuel Ventures uses a range of funds to back UK technology founders from pre-seed through Series A, including further investment in existing portfolio companies.

Last refreshed: 22 October 2026 · Appears in 1 active topic

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Background

[Fuel Ventures](https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-backs-fuel-ventures-multi-fund-vc-built-entrepreneurs) is a UK venture capital firm investing in early-stage technology businesses. Mark Pearson founded it after selling his own business, [MyVoucherCodes](https://www.fuel.ventures/). The Firm operates several funds designed to support companies from pre-seed through Series A, combining investment in new businesses with further funding for its existing portfolio.

That structure addresses a recurring problem for young companies: obtaining another round of capital after their first investment. Fuel's approach allows it to continue supporting founders as their businesses expand. Alongside funding, it provides business-development, marketing and brand-building expertise drawn from its team's experience of starting, growing and selling technology companies.

Common Questions
What is Fuel Ventures?
UK venture capital firm backing technology companies from pre-seed through Series A.Source: British Business Bank
What funding did the British Business Bank commit to Fuel Ventures?
The British Business Bank announced a £10m commitment to Fuel Ventures funds on 8 October 2026 through its Regional Angels Programme. The money supports new investments and further funding for existing portfolio companies.Source: British Business Bank
How will Fuel Ventures use the Bank's commitment?
The commitment expands Fuel Ventures' capacity to finance follow-on rounds as businesses approach Series A. The Bank says this structure is intended to help founders who struggle to obtain further investment from their existing backers.Source: British Business Bank
Source Material

Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 22 October 2026. Editorial standards.