Fuel Ventures 🚀

The $1.4tn industry that keeps every building running just got its AI upgrade. We’re excited to share that we’ve co-led the pre-seed round alongside our friends at Concrete Ventures into TYTEN, the AI platform transforming how facilities management teams handle repairs, maintenance and help desk operations. Facilities management is the invisible engine behind every building - yet most teams are still buried in manual admin, slow processes and outdated tools. Tyten is changing that fast. Here’s why this matters: 🔧 Two days of admin saved every week thanks to automated help desk workflows ⚡ x20 faster task processing through AI-powered triage ⚙️ Step-by-step repair guidance so junior technicians can perform at senior level. In a sector historically underserved by technology, Tyten is one of the first companies to build AI specifically for how facilities teams actually work - informed by over 400 hours shadowing technicians and help desks on the ground. We’re proud to back Vladimir Pushmin, Tom Petrides and Sergey Nasonov, a founding team with deep operational, technical and industry expertise. AI is about to become the standard in facilities management; and Tyten is setting the pace.

📢📢 AUTUMN BUDGET 2025 WRAPPED UP 📢📢 The Chanellor Rt Hon Rachel Reeves delivered a Budget heavy on tax rises; but also packed with meaningful wins for the UK’s early-stage ecosystem. Ambitious founders drive future growth, and they rely on investors willing to back them early. Yesterday’s announcements strengthen that pipeline. Key Changes to SEIS, EIS & VCT: 👉 𝐇𝐢𝐠𝐡𝐞𝐫 𝐄𝐈𝐒 𝐆𝐫𝐨𝐬𝐬 𝐀𝐬𝐬𝐞𝐭 𝐋𝐢𝐦𝐢𝐭𝐬 Pre-investment: £15m → £30m Post-investment: £16m → £35m Takeaway: High-growth companies now have far more headroom to raise meaningful follow-on capital and scale faster. 👉 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐀𝐧𝐧𝐮𝐚𝐥 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐋𝐢𝐦𝐢𝐭𝐬 Standard: £5m → £10m Knowledge-Intensive Companies (KICs): £10m → £20m 👉 𝐇𝐢𝐠𝐡𝐞𝐫 𝐋𝐢𝐟𝐞𝐭𝐢𝐦𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐂𝐚𝐩𝐬 Standard: £12m → £24m KICs: £20m → £40m 👀 𝐅𝐨𝐮𝐧𝐝𝐞𝐫 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 Government is launching a call for evidence on how to encourage founders to scale, stay and reinvest in the UK. A positive signal for long-term competitiveness. 👀 𝐍𝐨 𝐄𝐱𝐢𝐭 𝐓𝐚𝐱 Reconfirmed today; a clear win for keeping exits (and founders) in the UK! 👀 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 and 𝐆𝐫𝐨𝐰𝐭𝐡 More funding via Innovate UK, the British Business Bank, new growth-stage vehicles, and increased capital flow from pensions. However, this positive news was balanced by a significant change for VCT investors. 🤯 From 6 April 2026, VCT income tax relief will fall from the current 30% to 20%. 𝐀𝐬 𝐭𝐡𝐢𝐧𝐠𝐬 𝐬𝐭𝐚𝐧𝐝, 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐭𝐚𝐱 𝐲𝐞𝐚𝐫 𝐢𝐬 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐥 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐭𝐨 𝐬𝐞𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐞𝐫 𝟑𝟎 𝐩𝐞𝐫 𝐜𝐞𝐧𝐭 𝐫𝐚𝐭𝐞. The government says it wants the UK to be the best place to start, scale and stay - and these measures move the needle in that direction, especially for founders raising larger rounds. For us, it’s business as usual: backing exceptional founders from Pre-Seed through Series A+, supported by a growing LP base committed to this vital and attractive asset class powering the UK’s future. 💪

𝐅𝐮𝐞𝐥 𝐓𝐚𝐥𝐞𝐧𝐭 𝐡𝐚𝐬 𝐣𝐮𝐬𝐭 𝐭𝐨𝐫𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝐬𝐢𝐱 𝐦𝐨𝐧𝐭𝐡𝐬! 🔥 7 portfolio companies backed by our Talent team 💼 17 roles filled (with 4 more in final stages) ⏱️ 23 days average time-to-hire (substantially faster than the industry’s 30–35 day benchmark!) 📈 Case study highlight: Levellr -> 7 hires made with an average time to hire of 23 days 🫰 Our founders have made an average cost saving of 42% per hire. Founders who’ve worked with us already know how quick and hands-on this support is - Andy W. at Claimit, Roger Barr at Trusted, Nina Briance at CULT MIA, Tom Gayner at Levellr and Euan Mills at Blocktype will happily tell you! If you’re scaling and want hiring that actually moves at startup speed, Fuel Talent is here to make it happen. Contact Matt McKenna and quote 'FUEL VENTURES'

🤯 We backed them once. Now we're doubling down. We’re excited to lead the latest investment into INTELLIGENT CORE, the AI company bringing real-time, autonomous intelligence to the world’s most critical industries; from energy and oil & gas to water, manufacturing and transport. After first investing earlier this year, we’ve seen the momentum first-hand 💥 Intelligent Core is tackling problems that have held heavy industry back for decades, and the impact is real: ⚡ Live operational visibility across sensors, equipment and field operations 📈 Predictive forecasting that can prevent failures before they occur 🤖 Autonomous decision-making across cloud, on-prem and at the edge 🔨 Proprietary hardware powering sub-surface monitoring capability on the market 🌎 Up to 80% cost reductions through continuous optimisation and smarter automation This new round, joined by the wonderful teams over at Plug and Play Tech Center and Helion Partners, will scale the team, accelerate product development and support major global deployments. Industrial AI is no longer theoretical. Intelligent Core is bringing it to the front lines, and we’re proud to back Tom Greenlees and the team again as they step into their next phase of growth! Read the full story in the comments below 👇

🌍 If you could invest in any founder in history - who would it be, and why? 👀 Would you back: 💡 Jobs - the perfectionist visionary? 🚀 Musk - the relentless disruptor? 📦 Bezos - the master of execution? Or someone who never got credit but quietly changed everything? We at Fuel Ventures 🚀 have backed hundreds of founders shaping the future - but let’s talk about the ones who shaped the past. 💬 Tag the founder (past or present) you’d have bet the house on 👇 Let’s see who inspires the next generation to build bigger. ⸻ 💰 Looking for funding? Pre-Seed, Seed or Series A Fuel Ventures 🚀 ♻️ Repost to back your founder hero. 👍 Enjoy this? Tap like or follow Fuel Ventures 🚀 for more bold startup conversations.

🤝 New collaboration alert! 🤝 We’re joining forces with Connectd to give our founders access to their fractional executive network and pro-bono advisor programme - connecting our ambitious entrepreneurs with the right expertise at the moments that matter most. Clement Bigot, Head of Startups at Connectd said: “Our mission is to help ambitious founders succeed by giving them access to the right people at the right time. Partnering with Fuel Ventures is an incredible opportunity to bring even more value to a world-class portfolio and help accelerate their journeys.” Christina L. from our team says “Our founders move quickly, so the support around them needs to move just as fast. Connectd’s network gives them access to the right people at the right moment. Practical, hands-on advisors who can make a real difference when it counts.” 💪💪💪 From leadership support to hands-on growth guidance, this collaboration will give our founders another powerful way to scale smarter and faster 💪

🎓 Education is one of the biggest investments a parent will ever make We’ve led an investment round into Sencillo, a new fintech platform giving families confidence and control over rising education costs. From nursery to university, Sencillo helps parents plan, fund, and manage their child’s entire education journey through smart planning tools, responsible finance options, and seamless payments to trusted schools and universities. 💡 Founded by Adam Amos, Sencillo is tackling a challenge that affects millions of families - making education more transparent, inclusive, and financially manageable. The round includes participation from industry leaders and executives from PensionBee UK, ClearScore (formerly Aro Finance Limited) and others! 💥 We’re proud to back a team taking on a challenge that affects many parents 👨👩👧👦 Read the full story below 👇 https://lnkd.in/d5awmgPt

Founders. What are you building? (drop it below 👇)

🌎 WELCOME TO THE TEAM! We’re excited to welcome Tristan Dalley to as our newest Associate, where he’ll be focusing on top-of-funnel business development and investor origination. After several years leading teams and managing complex projects in high-pressure disaster recovery call centres in Australia 🦘, Tristan made the move to London 👑 - and with it, a pivot into the world of venture capital. His experience in fast-paced, high-stakes environments has honed his ability to communicate clearly, build trust quickly, and form lasting relationships - skills he’ll now bring to supporting and engaging our growing investor network. Outside of work, Tristan is an avid traveller and adrenaline enthusiast. Having visited 𝐨𝐯𝐞𝐫 30 𝐜𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐚𝐜𝐫𝐨𝐬𝐬 5 𝐜𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐬, his adventures include: 🌊 Scuba diving in Thailand 🎈 Hot air ballooning over Egypt 🪂 Bungee jumping in Hungary 🐘 Safari in South Africa 🧗 Summiting Montenegro’s highest peak Welcome to the team, Tristan - we’re thrilled to have you on board!

🍾 OUR ANNUAL INVESTOR EVENING 2025 🍾 Last Wednesday, we brought together our investors, founders, and friends for an evening of insight, conversation, and connection at Victoria House. Guests heard from Jean-Baptiste Brian and Joe Jefferies from Hg Capital on the evolving impact of AI across industries, and from Nick Perrett and Ricky Knox at Prosper, one of our portfolio companies reshaping savings and investment space. 🤯 Our team also shared an update on the broader venture ecosystem and key developments across our funds and portfolio. We also loved being able to work with one of our own portfolio companies, Togather (thank you Digby Vollrath!), who helped us source and coordinate the perfect venue for the night - a great example of the strength within our own network 💪 A few themes stood out across the evening: 💡 Confidence in the UK’s early-stage market remains strong - innovation and ambition continue to thrive. 🤖 The AI wave is only accelerating, with new opportunities for every business to harness and apply it. 🤝 Relationships, talent, and human creativity are still the biggest drivers of growth and success. 𝐀 𝐡𝐮𝐠𝐞 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 𝐭𝐨 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞 𝐰𝐡𝐨 𝐣𝐨𝐢𝐧𝐞𝐝 𝐮𝐬 - 𝐢𝐭 𝐰𝐚𝐬 𝐛𝐫𝐢𝐥𝐥𝐢𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐨𝐨𝐦 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐬𝐡𝐚𝐫𝐞𝐝 𝐨𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐟𝐨𝐫 𝐰𝐡𝐚𝐭’𝐬 𝐚𝐡𝐞𝐚𝐝 🚀