Fuel Ventures Fund
A fund set up by myvouchercodes.co.uk founder Mark Pearson to invest in the next great e-commerce companies.
- Location London, United Kingdom
- Investment sought: £500,000
- Equity offered: Fund
Fuel Ventures EIS Fund 1 (the “Fuel Fund”) is a new EIS fund specialising in super-early seed, seed, and series A stage-investments in the European e-commerce sector. The Fund is seeking to raise a total of £30 million, with a portion of this being raised through Seedrs.
The Fund will invest in a variety of high-growth, early-stage technology businesses from incubation and inception (super-early seed) to seed and post-launch (late seed), as well as series A businesses showing signs of exceptional growth.
With company research and mentoring services being provided by the award-winning entrepreneur Mark Pearson and his team, the Fund represents an exceptional opportunity to invest with one of the Europe’s leading internet entrepreneurs who has already proven his ability to deliver extraordinary returns on investments over the last decade.
Mark is an award winning digital entrepreneur, having won Entrepreneur of the Year at the Growing Business Awards and the Ernst and Young UK Entrepreneur of the Year 2011 – Emerging entrepreneur award and is a specialist in e- commerce. In 2006 Mark began his career in e-commerce starting a business, Markco Media, which sold in 2014 for £55m, which included the business myvouchercode.co.uk.
After his success with Markco Media, Mark has continued to invest in e-commerce businesses. To date, he has invested in approximately 10 businesses significantly outperforming venture capital in Europe, which has delivered returns of 2.1% a year since 1990 according to Thomson Reuters.
In October 2010 Mark became an early investor in Ve interactive, an e-commerce SAAS provider now valued at £1.25bn, generating an approximate 75X return on his investment so far.
A summary of Mark’s notable investments (in his personal name) and associated returns are presented below.