Fundraising Fox

Fuel Ventures

Venture capital

London · Pre-Seed–Series A · 24 people tracked

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Investment thesis

Fuel Ventures positions itself as a firm built by entrepreneurs for entrepreneurs, emphasizing hands-on support for founders building high-growth technology startups. Leveraging the operational experience of founder Mark Pearson, who scaled his own company MyVoucherCodes to a £55m exit, the firm applies its own founding, operating, and exit expertise to guide portfolio companies. It provides access to an experienced network and discounted software and infrastructure tools through partnerships. Fuel Ventures presents itself as an active investor supporting its funds' portfolio companies, and operates a VCT listed on the London Stock Exchange.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$317.5K – $9.5M
HQ
London, GB
Leads rounds
Follows
Instruments
Equity
Founded
2013
Last 12 months
1 investment
Tracked investments
200

Team · 24 people

from the firm's website & public directories
Henry Martin· Principalin
Tom Healy· Associate

What they invest in

from 154 of 200 portfolio companies

SaaS ×83AI & Machine Learning ×57Fintech ×47Enterprise Software ×20Marketing Tech ×16Consumer ×14E-commerce ×14HR Tech ×14

HQs:United Kingdom×52United States×7Belgium×1Switzerland×1India×1

Investments · 200 tracked

founders shown can be your intro path

By year:2025 · 32024 · 22023 · 32018 · 19 dated

51Tocarbonzero51tocarbonzero.comin

51toCarbonZero provides a carbon accounting and ESG measurement platform paired with expert advisory services (Climate Unlimited™) to help organizations measure their carbon footprint, build net-zero transition plans, and prepare for disclosure and assurance.

CleantechClimate TechSaaS

613003fca.org.ukin𝕏

This page is UK Financial Conduct Authority consumer guidance explaining how crypto investment scams work, how to spot warning signs, and how to report fraud.

FintechGovTech

Co-investorsAI SeedEquity GapQVenturesRepublic VenturesSteadview CapitalSyndicateRoom+2 more

Abingdonabingdon.software

Abingdon Software provides software solutions to public and private sector organisations.

Enterprise SoftwareSaaSLondon, GB

Co-investorsCalm Ventures

Adzactadzact.comin

Adzact is a B2B advertising platform that uses AI and open-source data to build customer profiles, identify future buyers, and target them with precision across channels including LinkedIn, Facebook, Google, CTV, radio, DOOH, native, and video.

AdTechAI & Machine LearningMarketing Tech

Tom Gatten(Founder)in

Co-investorsBallpark Ventures

Affinitylabsaffinitylabs.aiin

Affinity Labs is a venture studio that co-builds software companies with individual expert creators, using each creator's audience as day-one distribution.

ConsumerCreator EconomySaaS

Co-investorsAntlerAntler Australia

Aide Healthaide.healthin𝕏

Aide Health provides digital support for chronic disease management and medication adherence outside the clinical setting, aimed at helping patients with low health literacy understand and follow their care.

Digital HealthHealthtech

Ian Wharton(Founder)in

Co-investors1818 Venture CapitalHeartfelt CapitalOxford Investment Opportunity Network (OION)Salica InvestmentsZEMU Venture Capital1818 Ventures

Aide Healthaide-health.coin𝕏

Aide Health builds a digital tool aimed at supporting chronic disease management and medication adherence outside the clinical setting.

Digital HealthHealthtech

Ian Wharton(Founder)inBrian Snyder(Founder)in

Aiscoreaiscore.ai
Alfawelovealfa.comin𝕏

Alfa AI is a recruiting software platform that automates the entire hiring pipeline, including candidate sourcing, screening, video interviews, and ATS integration.

HR Tech

Co-investorsOutrun Ventures

Allassoallasso.chin𝕏

Allasso builds Copilot, a pre-trade options analytics platform that provides complete analytics on complex derivatives structures on a single screen, sourcing raw and proprietary data from exchanges, brokers, and third-party providers.

Data & InfrastructureFintechSaaS

Allocation Strategyallocation-strategy.comin𝕏

Provides asset allocation technology and analytics to institutional investors, offering tools to model portfolio outcomes, run scenario analysis, and generate capital market assumptions.

AI & Machine LearningFintechSaaS

Alomaaloma.io
Ambrambr.aiin

Ambr AI is a voice-based AI training platform that lets employees practise high-stakes workplace conversations — such as sales negotiations, performance reviews, and customer de-escalation — through customizable, realistic AI roleplay simulations.

AI & Machine LearningFuture of WorkHR TechLondon, GB

Jamie Wood(Founder)Steph Newton(Founder)in

Co-investorsGenuine Capital VenturesHeartfelt Capital

AMBRambr.companyin

Ambr AI provides voice-based AI simulations that let managers and leaders practice high-stakes workplace conversations such as performance feedback, restructures, and grievances.

AI & Machine LearningFuture of WorkHR Tech

Co-investorsPi LabsPantera Capital

Arbolusarbolus.comin

Arbolus operates an expert network platform that structures real-world professional experience into data-driven insight, drawing on a community of 200K+ experts and over 1 million data points.

Data & InfrastructureEnterprise SoftwareMarketplacesSaaSLondon, GB

Sam Glasswell(Co-founder)Will Leeming(Co-founder)in

Co-investorsPerivoli Innovations13books Capital

Arcubearcube.orgin

Arcube provides an ancillary aggregation technology that connects airlines to thousands of global suppliers, letting carriers launch multiple ancillary products through a single integration.

Enterprise SoftwareSaaSTravel & Hospitality

Harvey Lowe(Founder)in

Co-investorsOxford

Arcubearcube.comin

Arcube offers an ancillary aggregation technology that connects airlines to thousands of global suppliers, letting them launch 16+ ancillaries through a single integration.

B2B MarketplacesSaaSTravel & Hospitality

Harvey Lowe(Founder)in

Arrivalarrival.ac

Arrival consolidates a household's utilities — electricity, gas, water, broadband, and council tax — into a single monthly bill, automatically finding the best tariffs and applying eligible discounts.

ConsumerEnergyFintech

Articartic.works

Artic builds software for offsite and modular construction that converts architectural designs into manufacturing outputs for building components such as walls, roofs, bathrooms, and bridges.

Advanced ManufacturingConstruction TechSaaS

Ross Kilshaw(Co-founder & COO)

Co-investorsPi LabsSuffolk Technologies

Artictrunk.works

Artic (Trunk) is a manufacturing management system for offsite and prefabrication construction manufacturers, covering project planning and costing, live factory floor control, and quality inspection with traceable compliance handover.

Advanced ManufacturingConstruction TechSaaS

Co-investorsBlackhorn Ventures

AskVinnyaskvinny.comin𝕏

AskVinny provides an AI teammate that handles customer conversations across voice, WhatsApp, chat, and email for property management operations, connecting to existing PMS, CRM, and messaging systems.

AI & Machine LearningPropTechSaaS

Rory Buchanan 👷(Founder)in

Co-investorsAngel InvestPT1

Atriaatria.org

The Atria Health Institute is a membership-based health care organization applying precision medicine and longevity science to preventive care, with a full-time team of 50+ doctors across 15+ specialties.

Digital HealthHealthtechLongevity

Co-investorsK5 Global

Atria Aiatria-ai.comin𝕏

Atria AI offers an AI-powered contract management platform that extracts key terms, tracks renewals and deadlines, and identifies missed rebates or margin leakage across supplier agreements.

AI & Machine LearningLegalTechSaaS

Audittoolbaraudittoolbar.comin

The Audit Toolbar is a Microsoft Excel plug-in that provides auditors with tools to speed up and standardize repetitive audit tasks without replacing their audit methodology or professional judgement.

Enterprise SoftwareFintechSaaS

Augmetecaugmetec.cominFeb 2025

Augmetec develops LEIAA, an AI-powered platform for conducting internal and regulatory investigations, offering ethics reporting, investigation templates, automated report generation, document fraud detection, and case collaboration tools.

AI & Machine LearningLegalTechSaaS

Co-investorsHaatch14Peaks Capital

Banqorabanqora.comin𝕏

Banqora builds AI-powered automation for financial operations teams, handling trade workflows including message triage, pre-trade checks, execution, settlement, reconciliation, and regulatory reporting.

AI & Machine LearningFintechSaaS

Ernst Dolcein

Bastion Aibastion-ai.comin

Bastion is an AI-native research platform that filters news and evaluates markets according to an investor's own thesis and valuation rules, applying custom methodology across thousands of symbols.

AI & Machine LearningFintechSaaS

Becdnbecdn.net
Beyonkbeyonk.comin𝕏

Beyonk provides an online ticketing and booking platform with integrated marketing tools for attractions, venues, and seasonal events.

Marketing TechSaaSTravel & Hospitality

Oscar White(Founder)inAntony MacKenzie-Jones(Founder)in

Blocktypeblocktype.co.uk

Blocktype is a web platform that lets local authorities, developers and landowners assess a site's development potential by mapping constraints (flood zones, conservation areas, listed buildings), placing policy-compliant building types to create layouts, and calculating early cost and value indicators such as GDV, sales value and build cost.

Construction TechPropTechSaaS

Euan Mills(Founder)in

Boulevardonlineboulevardonline.co.ukin

Boulevard purchases brands' inventory and resells their products across major online marketplaces, handling product listing, compliance, fulfilment, and customer service.

E-commerceMarketplacesRetail Tech

Brillbandbrillband.comin𝕏

Brillband provides full-fibre broadband to UK residential customers, offering a single 900Mbps symmetrical plan at a fixed monthly price with an included eero 7 router and network security features.

ConsumerHardware

Brizybrizy.ioin𝕏

Brizy is a no-code website and landing page builder offering a WordPress plugin and a cloud-hosted platform for creating responsive sites via a drag-and-drop editor.

Developer ToolsMarketing TechSaaS

Alexandru Luncashu(Founder)in

bsktpaybsktpay.co

Platform helping dealerships and lenders deliver seamless car finance.

Co-investorsSouth East Angels

Buildscanbuildscan.coin𝕏

BuildScan offers a snagging app for inspections, defect tracking, and task management, letting users upload photo and video evidence, complete checklists, assign tasks, and generate customizable defect reports.

Construction TechPropTechSaaS

Capdeskcapdesk.comin𝕏

Carta (at capdesk.com) offers a platform for managing private capital, giving fund managers real-time visibility and control over data and workflows across individual investments and entire fund structures.

AI & Machine LearningFintechSaaS

Christian Gabriel(Founder)in

CG Herocghero.comin𝕏

CGHero is a freelance production platform that connects companies with a global network of vetted 3D artists, engineers, and producers to deliver 2D, 3D, animation, VFX, digital twins, and real-time projects.

Creator EconomyMarketplacesMedia & Entertainment

Jonathan Lloyd(Founder)in

Co-investorsBeringea

Chaserhqchaserhq.comin𝕏

Chaser provides accounts receivable automation software that helps businesses chase unpaid invoices, forecast cash flow, run customer credit checks, and collect late payments.

FintechSaaS

Cheerscontractscheerscontracts.comin𝕏

Cheers is an AI-powered contract management platform that lets teams draft contracts from pre-approved templates, gather signatures and approvals, and track the contract lifecycle with analytics and alerts.

AI & Machine LearningLegalTechSaaS

Lucio Orazi(Founder)in

Claimitclaimit.ai

Claimit.ai is an AI platform that automates courier and shipping claims for businesses, handling lost and damaged parcel claims, invoice auditing against contracted carrier rates, and analytics for supply chain visibility.

AI & Machine LearningLogistics & Supply ChainSaaS

Andy W.(Founder)in

Co-investorsHeartfelt CapitalPitchdrive

colorjove.co

Co-investorsExceptional Ventures

Communitywolfcommunitywolf.com

Co-investorsThe Baobab Network

Compound22compound22.comin

Compound22 is a manufacturing and supply company for the horticultural, sports, and agricultural sectors, providing fertilisers, plant-care products, seeds and blends, and sands and soils in small and bulk formats.

Advanced ManufacturingAgTechSports Tech

Compoundappcompoundapp.co.uk
ContentCalcontentcal.ioinacquired by Adobe

ContentCal was a London-based SaaS platform for planning, approving, scheduling and publishing social media content, acquired by Adobe.

Marketing TechSaaS

Co-investorsGuinness VenturesPerivoli Innovations

Contentradarcontentradar.aiin𝕏

ContentRadar is a tool for generating, writing, and scheduling LinkedIn posts based on a user's existing content, tailored to personal and company profiles.

AI & Machine LearningMarketing TechSaaS

Co-investorsExpert DOJO

CookUnitycookunity.comin𝕏

Signature meals from award-winning chefs, delivered to your door.

ConsumerDirect to ConsumerFoodTechBrooklyn, US

Mateo Marietti(Executive Officer, Director)Clara Quiroga(Executive Officer)Chris Asmis(Executive Officer)

BoardRoberto Aitkenhead(Director)David Kamenetzky(Director)Henry McGovern(Director)

Co-investorsAngelPadEvolution VC PartnersFuel Venture CapitalInvariantes FundJazzya InvestmentsMcWin Capital Partners+7 more

Correctocorrecto.es

Co-investorsOctopus Ventures

Creoatecreoate.comin𝕏

Creoate is a wholesale marketplace that connects independent retailers with over 6,500 independent brands to source stock directly.

B2B MarketplacesE-commerceRetail Tech

Ashley H.(Founder)inFahad Khan(Founder)in

Co-investorsWestern Technology Investment

Cubodecubode.comin𝕏

Cubode builds Wendi AI, a private workspace for managers that captures meeting audio locally, generates summaries and timelines per team member, and provides guidance for handling people-management issues such as 1:1s, PIPs, grievances, and disciplinary situations.

AI & Machine LearningFuture of WorkHR Tech

Ben McLoughlin(Founder)in

Cultmiacultmia.com

Cult MIA is an online fashion retailer selling made-to-order clothing including dresses, separates and warm-weather staples for consumers.

ConsumerDirect to ConsumerE-commerce

Nina Briance(Founder)in

Curvecurve.financeMar 2025

Curve is a decentralized exchange and automated market maker optimized for low-slippage swaps between similarly priced crypto assets.

Co-investors1k(x)1kxElectric CapitalStake CapitalOutward VC

Curvocurvo.aiin

Curvo is an AI-powered revenue execution platform that captures sales conversations, deploys specialist agents across the sales cycle, and maintains a self-updating playbook from a knowledge graph called the Revenue Brain.

AI & Machine LearningSaaSSales Tech

Cyb3r Operationscyb3roperations.comin

Averro is a third-party risk intelligence platform that discovers the vendors and external parties connected to an organization, layers on cyber breach, dark-web, ransomware, sanctions, and geospatial signals to prioritize risk, and routes intelligence into existing security tools.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaS

Vincent Cook(CEO & Founder)

Co-investorsOctopus VenturesPi Labs

Cyber & Data Securityaviel.tech

Co-investorsCambridge Angels group

Damisadamisa.xyzin𝕏

Damisa is a regulated B2B cross-border payment, settlement, and treasury infrastructure built on stablecoin rails, supporting 70+ currencies across Africa, LATAM, MENA, Asia, and Europe.

Crypto & Web3Enterprise SoftwareFintech

Datasapiendatasapien.comin𝕏

DataSapien provides an on-device customer context platform (DNA³ SDK for iOS, Android, React Native and Flutter) that collects and acts on first-party signals directly on a customer's device, running personalisation, scoring and agentic workflows locally.

AI & Machine LearningData & InfrastructureMarketing Tech

Deakudeaku.app

Deaku is a connected workspace for content creators that links content strategy, projects, media, team chat, scheduling, and analytics in one place, with an AI assistant aware of the user's workspace and strategy.

AI & Machine LearningCreator EconomySaaS

Dr Oscar Ferguson(Founder)in

Deeligencedeeligence.comin

Deeligence provides a platform that uses agentic AI to review contracts and identify red flags during due diligence, aiming to speed up contract review.

AI & Machine LearningLegalTechSaaS

Dijunodijuno.ai

Exits · 1

IPOs and acquisitions across the tracked portfolio

ContentCalacq. by Adobe

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
James Daniel D'mello

Director · British · since 2025

Mark Alan Pearson

Director · British · since 2013

Ownership & control

Mark Alan Pearson75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

How many investments has Fuel Ventures made?
Fuel Ventures has 10 tracked investments.
What stage does Fuel Ventures invest at?
Fuel Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Fuel Ventures's typical check size?
Fuel Ventures typically writes checks of $317.5K – $9.5M.
What sectors does Fuel Ventures focus on?
Fuel Ventures focuses on AI & Machine Learning, Fintech, SaaS, Sector Agnostic.
Where is Fuel Ventures located?
Fuel Ventures is headquartered in London, GB.
Does Fuel Ventures lead rounds?
Fuel Ventures typically participates in rounds rather than leading them.
Who does Fuel Ventures co-invest with?
Fuel Ventures most often shares deals with QVentures, Force Over Mass Capital, IVP (Institutional Venture Partners), among 48 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Why did Mark Pearson at Fuel Ventures Invest in Alfa AI?

Alfie Whattam · Mark Pearson

Investing as a hands-on entrepreneur: Mark Pearson, Fuel Ventures – Meet the manager

Wealth Club · Mark Pearson

F&F Season 4 Episode 4 - Oliver Hammond of Fuel Ventures

NOTWICS · Oliver Hammond

Fuel Ventures, Mark Pearson – EIS fund – 2019/20 interview

Wealth Club · Mark Pearson

EIS Showcase: Interview with Mark Pearson from Fuel Ventures | Videos & Movies on Vimeo

Intelligent Partnership · Mark Pearson · vimeo.com

Meet the founder | P3MO | With Andrew Eatherington

Fuel Ventures

Images

Fuel Ventures photo

Co-investors · 18

Pitchdrive

Pitchdrive is a Belgian venture capital firm that invests in early-stage startups across Europe. The firm is led by entrepreneurs and provides active support to portfolio companies.

$250K – $2M
Octopus Ventures

Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.

Both backed · 3
$130K – $1.3M
Antler

Antler is a global early-stage venture capital firm that backs founders from the first check through to IPO, operating across roughly 30 locations worldwide.

Both backed · 2
$3M – $10M
13books Capital

13books Capital is a venture capital firm that invests in early-stage financial technology startups, backing founders building the future of finance.

Both backed · 2
$1.3M – $8.9M
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

Both backed · 1
$50K – $12M
Frontline Ventures

Frontline is a venture firm that backs B2B technology companies across the US and Europe, helping them expand and win in the transatlantic market through two dedicated funds.

Both backed · 1
$540K – $3.2M
Haatch

Haatch is an early-stage investor that backs UK founders, providing hands-on operator support to help startups accelerate.

Both backed · 1
$500K – $1M
Btomorrow Ventures

Btomorrow Ventures (BTV) is the corporate venture capital arm of British American Tobacco (BAT), investing globally in founders aligned with BAT's transformation toward a smokeless future.

Both backed · 1
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

$500K – $15M
AltaIR Capital

AltaIR Capital is an international venture investment company.

Hustle Fund

Hustle Fund is an early-stage venture capital firm that invests quickly in startups, offering capital along with educational programs and mentorship. It also runs an angel investing community that lets members invest alongside the fund.

$150K
Lead Edge Capital

Lead Edge Capital is a growth equity firm managing $9 billion in assets, investing in software, internet, and tech-enabled businesses.

$50M – $400M
6 more co-investors

Unpopular VenturesMangrove Capital PartnersIndico Capital PartnersSecond Century VenturesAscensionBig Sur Ventures

Firms observed investing alongside Fuel Ventures, from public investor directories. Shared companies are the overlap with Fuel Ventures's recorded portfolio.

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