Test Case Study

How Fuel Ventures scaled to new heights working with Sapphire

Written by Boyd Carson | Aug 20, 2026, 11:25:24 AM

Fund Type

EIS Venture Capital Funds

Challenge

As UK venture fund management must be carried out by an FCA-authorised or registered firm, Sapphire stepped in and became this role for Fuel Ventures. Since this relationship began in 2015, eight successful SEIS and EIS investment funds were launched and managed.

Results

As the FCA-authorised fund manager, Sapphire provided the regulatory oversight for Fuel Ventures’ funds, which have invested in more than 210 companies.

Key Products

  • Pre-Seed SEIS Fund
  • EIS Portfolio 1
  • EIS Portfolio 2
  • EIS Portfolio 3
  • EIS Portfolio 4
  • Co-Investment EIS Fund
  • Follow-On EIS Fund
  • Scale Up EIS Fund