Fuel Ventures

Activity from announced rounds

Activity in this selectionOct 17, 2026 · Jul 20, 2026

Fuel Ventures is a UK early-stage investment manager founded by Mark Pearson. Its AI Score release and Souk co-investor announcement establish the firm identity.

Recorded funding activity

AI Score inventories enterprise AI assets, policies and risks. Souk’s Coco helps businesses manage channel and referral partnerships, while Stoa provides cash-reward services. Each financing retains the company’s distinct operating purpose.

Sources
Rounds participated in
3
Confirmed lead rounds
2
All roles disclosed
New companies
3
First participation on record · 0 follow-on
Funding in participating rounds
$9M
3 disclosed · full round size, not this investor’s share

By stage

Pre-seed2
Seed1

By primary sector

AI2
Consumer1

By country

United Kingdom3

Rounds

3 in this selection
Affinity Labs

Affinity Labs builds and operates consumer software businesses with creators, combining their audiences and expertise with product development and ongoing operations.

$2MPre-seed funding including grant
Lead
AI Score

AI Score gives enterprise governance teams a continuous view of AI assets, policies and risks, with prioritized actions and an audit trail.

$5.4MSeed
Lead
Souk

Souk sells Coco, an AI partner manager for B2B companies that use channel and referral relationships to generate sales. Coco helps teams find and introduce suitable partners, keeps existing relationships active, turns conversations into follow-ups and meetings, and tracks referred deals through attribution and partner payouts.

$1.6MPre-seed
Participant