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Scale Up EIS Fund


Fuel Ventures




Technology, Software

Minimum Investment




Fund Status

EIS - Open - 1st February 2020 SEIS - Close - Evergreen

Fund Target

£ £20m raised, uncapped

Fund Tel.

020 3869 723

Fund Email


Fund Website


About this fund

This is Fuel Ventures flagship EIS fund that we have been investing from for 5 years. We invest into 10-15 technology companies each year, with a focus on businesses that are marketplaces, platform or software. We now have 40+ portfolio companies and after 5 years our first fund has an average multiple uplift of 5.6X, validated by external fundraising rounds.

We have an advisory committee with over 50+ year’s experience and exits totalling £3bn+. We put a Director on the Board of every company we invest in and take an active and hands on role in the management and development of each company, plus bring added extra value through our network of sector experts. As a team, we invest 5-10% in total in every fund alongside our investors, which is £2m – £3m into the current fund.

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