Fuel Ventures is a leading early-stage technology investor, investing in fast growth UK and European businesses that have the potential to return between 10x and 100x. Fuel Ventures has 35+ portfolio companies and after only 4 years our first fund has a 7.4X valuation uplift, validated by third-party follow-on investors. The fund focuses on investing in scalable technology companies with exceptional founding teams and high gross margins.
We are an active and hands-on investor that adds value through our team and network of sector experts. The fund is driven by successful entrepreneurs with a combined £200m+ in exits. We invest in every fund ourselves with a 10% personal investment alongside our investors.
Fuel Ventures aims to hold positions for a minimum of 3 years and target exits between 5-7 years. The proceeds from exits are returned immediately to investors on a deal-by-deal basis. Potential exit routes are secondary transactions (selling to later stage investors), acquisitions, initial public offerings and private equity.
The Fuel Ventures Scale Up Fund gives investors the option to sell their stake in the fund to other investors. This allows investors to potentially exit before the targeted 5-7 years. Please note this cannot be guaranteed as a willing buyer must be found.
Sapphire Capital Partners is a multi-award-winning investment management firm authorised and regulated by the Financial Conduct Authority. Sapphire is a specialist in providing investment management services and bespoke EIS solutions.
Fuel Ventures
Fee | Investor | Investee Company |
---|---|---|
Initial fee | n/a | n/a |
Annual fee | n/a | 2% per annum for the first 5 years |
Performance fee | 20% above a 1.2x hurdle rate | n/a |
Other fee information | n/a | n/a |
N/A
Alternative Investment Fund
£10 for each £1 share after 10 years
Venture Capital EIS
Technology
10-12 companies per fund
Custodian: Woodside Corporate Services Limited
Nominee: WCS Nominees Limited
An investor qualifies as an High Net Worth investor if they have
(a) An annual income to the value of £100,000 or more;
(b) Net assets to the value of £250,000 or more. Net assets for these purposes do not include:
(i) the property which is their primary residence or any loan secured on that residence;
(ii) any rights under a qualifying contract of insurance within the meaning of the Financial
Services and Markets Act 2000 (Regulated Activities) Order 2001; or
(iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of their service or death or retirement and to which they are or (or their dependants are), or may be, entitled.
An investor qualifies as ar Self-Certified Sophisticated Investor if at least one of the following applies:
a) they are a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below
b) they have made more than one investment in an unlisted company in the two years prior to the date below
c) they are working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium sized enterprises
d) they are currently, or have been in the two years prior to the date, below a director of a company with an annual turnover of at least £1 million