About the Scale-Up EIS Fund
The Fuel Ventures Scale-Up EIS Fund invests in a portfolio of 10-12 technology companies, with a focus on marketplaces, platforms and software (SaaS). We have invested in a range of sectors to date, including fintech, logistics, manufacturing, events and the world of work.
The Scale-Up EIS Fund focuses on companies at the seed stage, which has the potential to generate lucrative returns. The companies will have an exceptional founding team, proven commercial traction and be ready to scale.
By bringing most of the portfolio companies into our co-working space, we are able to provide hands-on support, advice and connections for a minimum of 12 months following investment.
Key Information
- Current status: Open
- Fund type: EIS
- Investment goal: Growth
- Invests in: Marketplaces, platforms, SaaS
- Portfolio size: 10-20 companies
- Target returns: 10x
- Target time to full investment: 12 months
- Tax relief available: EIS (income tax relief, capital gains tax relief, loss relief)
Example Portfolio Companies

Moteefe is the world’s leading social commerce platform providing digital marketers and influencers an instant opportunity to sell customised on demand products globally.

B2C on-demand logistics platform for moving anything, anytime, anywhere via a scalable network of independent shifters (self-employed van drivers).

An ecommerce marketplace that doesn’t hold stock and provides buyers with greater choice and savings.