Fuel Ventures VCT PLC is a United Kingdom-based venture capital trust (VCT). The principal activity of the Company is investing in unlisted growth companies. The Company will seek investments predominantly in technology or digital businesses with a focus on marketplace, platform or software-as-a-service business models in a diverse range of sectors. It seeks to invest in promising unquoted companies at an early stage. The Company will invest in a diverse range of sectors. It intends to invest the net proceeds of the Offer in acquiring a portfolio of VCT qualifying investments complying with VCT legislation in accordance with its stated investment policy. It has appointed Sturgeon Ventures LLP (the Investment Manager) as the alternative investment fund manager of the Company and the Investment Manager has appointed Fuel Ventures Limited as its investment adviser.
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