A Venture Capital Trust run by early-stage investor Fuel Ventures is now available through Hargreaves Lansdown’s online VCT investment service as it seeks to widen its appeal to a growing range of investors.
The firm said the move will broaden access to exciting venture capital opportunities, supporting the growth of dynamic UK businesses and offering attractive diversification for investors.
Since its initial launch in December 2023, Fuel Ventures’ VCT has quickly established itself as a leading option for investors, raising an impressive £10.2 million—the largest initial fundraise by any new entrant to the VCT market at that time. The VCT went on to win “Best New Product” at the Growth Investor Awards in 2024.
To date, the fund has successfully invested in nine innovative and fast-growing businesses, including hospitality technology platform Hotel Manager, property land analytics firm SearchLand and fund distribution platform FundPath.
Investors in the VCT benefit from the potential for tax-efficient investing, with up to 30% income tax relief on investments of up to £200,000 per year, provided the shares are held for at least five years.
Stan Williams, Partner at Fuel Ventures, said the move “enables more investors to benefit from our carefully curated portfolio of innovative UK companies.”
“The timing of the launch will be particularly interesting for high-net worth investors looking to invest between £10,000 and £200,000 before the tax year end deadline.”
Fuel Ventures is a venture capital firm that specialises in providing seed funding to early-stage technology companies, providing entrepreneurs with expertise and insights in business development, marketing and brand-building through its experience of building, scaling and exiting global companies. Since its inception in 2014, Fuel Ventures has invested over £224 million into more than 180 start-ups.
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