Regional Angels Programme commitment · Business services

British Business Bank commits £10 million to Fuel Ventures funds

The Regional Angels Programme commitment will support new UK technology investments and follow-on rounds through Series A.

British Business Bank has committed £10 million across the Fuel Ventures funds through its Regional Angels Programme. The commitment was reported on October 6, 2026, and confirmed in the Bank’s October 8 announcement.

The additional capacity will let the platform finance new early-stage businesses and keep backing portfolio companies as they move towards Series A. Mark Pearson founded Fuel Ventures after building and selling MyVoucherCodes.

Use of funds

New early-stage investments in UK technology companies

Follow-on funding for existing portfolio companies through Series A

Funding history

Regional Angels Programme commitment · This round£10M

Sources

  1. British Business Bank backs Fuel Ventures the multi-fund VC built by entrepreneursbritish-business-bank.co.uk · Oct 8, 2026
  2. British Business Bank backs multi-fund VC Fuel Ventures with €11 million investmenteu-startups.com · Oct 6, 2026
  3. Fuel Ventures official websitefuel.ventures