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About us

Today's opportunities should be as great as tomorrow's potential

Imagine building something meaningful for years – pouring your capital, your time and your conviction into companies, ownership structures, real estate and long-term investments.

You create real value. Substantial value. For you, and for the world around you.

Yet when the moment comes to act on a strategic acquisition, an important investment, or simply life moving forward, the capital you need is locked away in illiquid assets. You are paper-rich, but cash-poor when it matters most.

This is the quiet frustration many of Europe’s most experienced company builders live with every day. Millions of strong, viable companies fall between the cracks: too complex for traditional banks, not institutionalised enough for private credit The system simply wasn’t built for the people who build.

We founded Fuels to bridge that crack. Through multi-asset backed financing, we unlock liquidity without forcing exits or disrupting the long-term ownership and conviction that built the value in the first place. We see the full picture – ownership, assets, timing and strategic reality, and we structure solutions that let today’s opportunities live alongside tomorrow’s potential.

Our team brings deep institutional experience from investments, credit and structuring, combined with a genuinely entrepreneurial and pragmatic way of working.

The bigger issue - Europe’s Financing Paradox

1.4 million company builders turned down
Every year Europe denies viable companies €39 billion in debt financing they urgently need for progress – the equivalent of up to 1.4 million established businesses (EU Commission, September 2025).
Extreme capital concentration
Private equity-backed companies make up only 5–10% of European businesses, but they capture 89% of all private credit. Most real-economy company builders are left behind. (Financial Times)
The real cost is lost momentum
When experienced builders cannot unlock liquidity without forced exits or dilution, Europe loses strategic growth, acquisitions, innovation and the patient ownership that builds resilient economies.

Experience from capital, credit and company building

The Fuels team combines experience from investments, structuring and corporate financing, with a strong focus on execution in complex ownership and financing situations.

Edvin Riddarhem
Growth Manager

Edvin Riddarhem

Growth Manager
Function
Investment team
Geography
Stockholm
LinkedIn
Gabriella Sahlman
Managing Partner & Co-Founder

Gabriella Sahlman

Managing Partner & Co-Founder
Function
Investment team
Geography
Stockholm, London
LinkedIn
Henrik Källén
Chairman

Henrik Källén

Chairman
Function
Board & Advisors
LinkedIn
Isak Hjärne
Investment Analyst

Isak Hjärne

Investment Analyst
Function
Investment team
Geography
Stockholm
LinkedIn
Oliver Hildebrandt
Board & Co-Founder

Oliver Hildebrandt

Board & Co-Founder
Function
Board & Advisors
Robin Gerum
CEO & Co-Founder

Robin Gerum

CEO & Co-Founder
Function
Operations, Investment team
Geography
Stockholm
LinkedIn
Tord Topsholm
Board

Tord Topsholm

Board
Function
Board & Advisors
William Swahn
Investment Manager & Head of Credit

William Swahn

Investment Manager & Head of Credit
Function
Operations, Investment team
Geography
Stockholm
LinkedIn