Mintiply Capital has joined forces with U.S.-based Fuel Venture Capital to drive startup investments in the UAE. This marks a significant milestone for the region’s entrepreneurial ecosystem. This partnership aligns seamlessly with the UAE’s strategic vision of becoming a global innovation hub while promoting sustainable economic growth.
Mintiply of UAE and Fuel VC of US – a Game-Changing partnership
The collaboration between Mintiply Capital and Fuel is built around a Special Purpose Vehicle (SPV) designed to target high-potential startups across the GCC. That said, this partnership has a specific focus on the UAE for now. By leveraging the SPV, the firms aim to provide early-stage companies with access to capital. Additionally, it wants to provide strategic guidance, and the resources needed to thrive in a competitive global market.
Jeff Ransdell, Founding Partner at Fuel Venture Capital, highlighted the opportunity:
“The UAE is a dynamic hub for groundbreaking startups. By combining our resources with Mintiply’s market expertise, we’re committed to fostering innovation, creating jobs, and supporting the nation’s entrepreneurial vision.”
Strength in Expertise
Fuel Venture Capital brings a wealth of experience to the table, backed by over 80 years of collective expertise in venture funding. The firm has supported companies across 32 countries, creating thousands of jobs and driving growth in diverse industries. Their hands-on investment approach complements Mintiply Capital’s strategic initiatives in UAE. In effect, making this partnership a powerful force for Gulf startups.
Mintiply Capital’s proven capabilities in M&A, complex deal structuring, and alternative investments make it a leading player in the region’s financial ecosystem. By teaming up with Fuel, Mintiply gains access to a global network of resources. Moreover, Mintiply will also benefit from Fuel’s track record of scaling high-growth ventures.
Accelerating Startup Growth
For local startups, this partnership means more than just funding. It offers mentorship, access to international networks, and strategic tools to scale businesses effectively.
Hasnae Taleb, Managing Partner at Mintiply Capital, explained:
“Our collaboration with Fuel Venture Capital provides the expertise, funding, and tools to propel startups to the next level. This initiative supports the UAE’s vision of economic diversification and sustainable development.”
Timing Is Everything
This partnership arrives as the UAE solidifies its position as a global startup hub, drawing increasing international attention and investment. The combined strengths of Mintiply and Fuel create a robust framework to identify and support high-potential ventures, driving value across the startup ecosystem.
With their shared vision, the two firms aim to empower the next generation of entrepreneurs while advancing the UAE’s economic aspirations.
