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Founded in 2014 and based in Singapore, Fuel Ventures Asia is a venture capital firm that operates as a subsidiary of Fuel Ventures in London. The firm has invested in over 180 companies, focusing on technology startups aiming to enter the Asian market. Their approach includes operational expertise and resources to support growth.
Fuel Ventures Asia invests in early-stage technology companies, particularly in sectors like AI, fintech, healthcare, consumer, edtech, logistics, proptech, mobility, web3, and energy. They provide funding and resources for business development, technology localization, and intellectual property transfer. Their strategy includes establishing a lab center to assist portfolio companies in their growth within Asia.
One notable portfolio company is VEGA III, which operates a platform that aggregates capacity across numerous delivery and moving drivers to create optimized and cost-effective routes.
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