Fuel Ventures secures £20m Chinese investment to promote UK-China partnership
01/05/25, 9:31 PM
Location
ouakaMoney
£20 million
Industry
angel investment
venture capital
finance
Type
partnership
UK venture capital fund Fuel Ventures has closed a £20 million round of investment from Chinese backers Shijingshan Industrial Fund and Zhongguancun Development Group. The partnership aims to promote international collaboration and create opportunities for startups and entrepreneurs in both countries.
Company Info
Location
ouaka, central african republic
Additional Info
Fuel Ventures is a UK-based venture capital firm that specializes in funding early-stage high-growth startups. Its portfolio includes notable companies such as Volt, ContentCal, and Capdesk. The firm aims to facilitate investments from Chinese partners into UK startups, particularly in sectors like fintech, AI, and SaaS. By fostering international collaboration, Fuel Ventures seeks to create opportunities for entrepreneurs in both the UK and China.