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FUEL
NFT management platform
- 21-100 employees
- Fintech
- B2B
- Cryptocurrency
- SaaS
- Blockchain
- Web 3.0
- Westminster, London, UK
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Company mission
To enable creators to unlock new revenue streams and build deeper connections with their most loyal fans.
Our take
The Web 3.0 world is opening up more and more opportunities for creators and sellers to build online presence and share their products. FUEL are likening themselves to the Amazon of NFTs, both accessible for the sellers and fans to use.
A lot of the taboo around NFTs is that not many people understand them. FUEL is entering the game with the idea of making NFTs easy-to-use, which it hopes will be a game-changer for the company as it opens up to a much larger audience. Sellers have customisable NFT shops that run on the FUEL platform, specific to each customer's branding and choice over offerings they can use within the FUEL platform. Another simplicity signifier for the more nervous NFT customer is the fact there are no crypto wallets, instead paying how you'd pay for anything else these days with services like Apple Pay.
Founded only in early 2022, the company has already been through successful funding rounds, gaining the means to pursue the companies mission to be approachable but also connect fans to their favourite artists.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (1 round)
Mar 2022
$1.6m
SEED
Total funding: $1.6m
This company has top investors
Leadership
Csongor Barabasi
(Co-Founder)Previously Head of Engineering at Weezy, Software Engineer at Deliveroo, Founder at Machine Intelligence Academy.
Patrice Deckert
(Founding Investor)Currently Investor at Hey Data, Tidy, Venture Partner at Heilemann Ventures and Managing Director at Black Eagle Ventures.