Fuel Venture Capital and Mintiply Capital collaborate to strengthen GCC’s entrepreneurial landscape
Fuel Venture Capital, a well-known U.S.-based venture capital firm, has partnered exclusively with Mintiply Capital, a leading advisory and investment banking firm in the United Arab Emirates that is recognized for its proficiency in M&A, complex deal structuring, and alternative investments. This partnership supports the UAE’s goal of developing a strong startup scene and elevating innovation to the forefront of the country’s economic development.
Mintiply and Fuel will leverage the potential of a specialized Special Purpose Vehicle (SPV) that targets high-potential startups in the GCC, and the UAE specifically, through this partnership. In order to strengthen the nation’s entrepreneurial ecosystem and encourage sustainable economic growth, the SPV will concentrate on early-stage businesses.
The UAE’s ambitions to become a global center for innovation and entrepreneurship are supported by Mintiply Capital, as demonstrated by this initiative.
“Fuel Venture Capital has a long history of building founders and transformative companies worldwide, and the UAE stands out as a dynamic hub for groundbreaking startups,” said Jeff Ransdell, Founding Partner at Fuel Venture Capital. “By joining forces with Mintiply Capital, we are aligning our resources with their in-depth market expertise to bring new growth opportunities to the UAE’s most promising companies. Together, we are committed to fostering innovation, creating jobs, and supporting the UAE’s vision for a thriving entrepreneurial ecosystem.”
Fuel Venture Capital, which has over 80 years of combined venture funding experience, contributes a wealth of resources and experience to this collaboration. With businesses in 32 countries and a wide range of industries, their portfolio has produced thousands of jobs worldwide. The company’s global network and hands-on approach will support Mintiply Capital’s strategic efforts to empower UAE startups.
Startup scaling, mergers and acquisitions (M&A), and capital deployment in venture-backed businesses are all integrated into Mintiply Capital’s investment strategy. Mintiply’s commitment to developing the UAE’s entrepreneurial ecosystem is demonstrated by this partnership, which provides local startups with mentorship, strategic advice, and vital funding. Fuel Venture Capital gives Mintiply Capital access to a global network of resources and a track record of successfully scaling high-growth businesses.
“Our partnership with Fuel Venture Capital aligns perfectly with the UAE’s strategic focus on innovation and entrepreneurship,” said Hasnae Taleb, Managing Partner at Mintiply Capital. “Together, we will provide the tools, capital, and expertise needed to propel UAE startups to the next level. This collaboration not only accelerates the growth of high-potential companies but also contributes to the UAE’s long-term vision of economic diversification and sustainable development.”
As the UAE continues to establish itself as a global center for startups, drawing interest and investment from around the world, this collaboration comes at a critical juncture. By combining their resources and experience, Mintiply Capital and Fuel Venture Capital are in a strong position to accelerate the UAE’s growth, opening doors for regional business owners and generating value for the startup community as a whole. The UAE’s startup ecosystem is being advanced, innovation is being fostered, and opportunities for the upcoming generation of entrepreneurs are being created through this historic collaboration.
