Shiv Patel is a Partner at Fuel Ventures who takes formal board roles across a high volume of early-stage UK tech companies, accumulating 20+ active and past directorships at a relatively young age rather than just appearing on cap tables. His career combines wealth management experience with operational time at a recruitment tech startup in India before moving into venture capital, giving him an uncommon blend of front-office finance and emerging-market startup exposure that informs his approach to capital efficiency.
About their Fund
Fuel Ventures
Sectors
SaaS, Fintech, Marketplaces, AI, Proptech
Rounds
Pre-Seed - Seed
Avg Check Size
£1-3M
Notable Investments
Fuel Ventures is led by serial entrepreneur Mark Pearson, who built and exited MyVoucherCodes and other online businesses, positioning the fund to replicate his playbook for scaling e-commerce, marketplaces, and transactional platforms rather than operating as a generalist VC. The fund raises capital through EIS/SEIS tax-efficient structures marketed to UK high-net-worth and retail investors, while emphasizing hands-on support for portfolio companies based on the team's direct experience in online customer acquisition at scale.
Notable Fund
Investments
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