At a glance
- Current status: Open
- Fund type: EIS
Investment goal: Capital growth
- Focus: SaaS, marketplaces, platforms
- Target returns: 10x
- Target holding period: 10 years
- Minimum subscription (Direct): £100,000
Minimum Subscrption (Advised): £10,000
Fuel Ventures Scale-Up EIS Fund specialises in seed stage investments in the European marketplace, platforms and SaaS sectors. As the early-stage investors in some of the UK’s fastest-growing technology businesses, the team at Fuel Ventures are able to benefit from high volume deal flow and identify the companies that have the potential to be the next UK high-growth companies.
Investment Strategy
The Fund will seek to invest in promising companies at the seed stage. The four-stage approach used in identifying a potential Investee Com
Outlined below is the Investment Manager and Investment Adviser’s four-stage approach used in identifying a potential Investee Company:
- Identification: All identified opportunities will be evaluated before moving to the discovery stage.
- Discovery: The Fund seeks to invest in people as much as ideas.
- Evaluation: Fuel Venture’s evaluation process tests the assumptions of the company plans.
- Investment
EIS tax incentives
The companies the fund invest in are expected to be EIS-qualifying, which makes Fuel Ventures Scale-up Fund EIS suitable for qualifying clients who would potentially benefit from the following tax reliefs:
- Up to 30% income tax relief
- Tax-free investment growth
- Capital gains deferral (or 50% capital gains exemption for SEIS)
- Inheritance tax relief
- Loss relief
Please note: EIS tax reliefs are only made available to investors because of the higher risks associated with investing in early-stage companies. Also, the availability of tax reliefs will depend on the investor's personal circumstances, and tax legislation can change in the future.
Example companies from the current fund portfolio
Heroes is a technology-driven e-commerce company that acquires, operates, and scales small and medium-sized brands with category-winning products on global marketplaces.
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Wombat mission is to empower generations to manage, save and grow their money. It is to break down barriers that prevent people from investing. Wombat allows people to invest in some of the world’s best-known brands for as little as £10.
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Beyonk is a SaaS-enabled marketplace for experiences, making it easier for visitors to find and book local things to do, whilst helping experience providers build better businesses via SaaS tools, booking software and website builder.
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