Fuel Ventures, the early-stage VC focusing on tech-enabled businesses, has launched a new £45 million investment fund. The funds will be deployed to more than 60 of the UK’s most exciting tech-enabled startups over the next 12 months, making it one of the most prolific early stage investors in the UK. Fuel Ventures is also extending support to pre-seed, innovative businesses through its new fund. This move aims to help stem the decline in first-time investment as the rest of the VC market looks upstream towards the latter stage, big-money rounds.