logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Mintiply Capital, Fuel Venture Capital unite to propel UAE startups

Mintiply Capital, Fuel Venture Capital unite to propel UAE startups

GHADA.ISMAIL
Jan 9, 2025
This initiative aligns with the UAE’s vision of fostering innovation and driving sustainable economic growth

Dubai – Sharikat Mubasher: Mintiply Capital, a UAE-based advisory and investment banking firm, partnered with U.S.-based Fuel Venture Capital to strengthen the UAE’s startup ecosystem.

The collaboration will leverage a Special Purpose Vehicle (SPV) to invest in high-potential, early-stage startups across the GCC, with a focus on the UAE, according to a press release.

This initiative aligns with the UAE’s vision of fostering innovation and driving sustainable economic growth.

Fuel Venture Capital brings over 80 years of collective experience and a global portfolio spanning 32 countries, complementing Mintiply’s expertise in M&A, startup scaling, and venture capital deployment. Together, the firms aim to accelerate startup growth, create jobs, and enhance the UAE’s reputation as a global hub for entrepreneurship.

Jeff Ransdell, Founding Partner at Fuel Venture Capital said: “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.”

Hasnae Taleb, Managing Partner at Mintiply Capital, added, “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.”

With their combined expertise and resources, Mintiply Capital and Fuel Venture Capital aim to drive innovation, attract international investment, and unlock new opportunities for local entrepreneurs, further advancing the UAE’s entrepreneurial landscape.

Tags

startups
Mintiply Capital
Fuel Venture Capital
Share

Attract clients with your ad

Start Now

Trending

Monsha’at concludes AI Week in partnership with SDAIA
MUBASHER.SA
PIF holds $26.3bn stake in SpaceX as of end of June
MUBASHER.SA
Egypt’s Fawry submits request to obtain ‘Major PI’ license from SAMA
MUBASHER
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
MUBASHER.SA
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Riyadh - Sharikat Mubasher: Saudi Energy signed a Power Supply and Implementation Agreement with Expo 2030 Riyadh Company, wholly owned by the Public Investment Fund (PIF), to deliver the power infrastructure required across the Expo 2030 Riyadh site.The agreement was signed by Khalid AlGhamdi, Chief Executive Officer of Saudi Energy, and Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, according to the official statement,The deal aims to establish the electrical infrastructure required to meet the power demands of Expo 2030 Riyadh. This includes the construction of a bulk supply point, three primary substations, and all associated transmission and distribution infrastructure.Leading Saudi companies, including Alfanar, Haif Company, Trading and Development Partnership, and Al-Babtain Power & Telecom Company, will support the execution of these worksAlGhamdi highlighted that the agreement reflects the critical role of Saudi Energy in supporting major national projects by developing a reliable and highly efficient power infrastructure.He emphasized that Saudi Energy will deploy its capabilities and expertise to execute Expo 2030 Riyadh’s electric supply requirements to the highest standards of quality and operational performance, supporting the readiness of this global event and aligning with the Kingdom’s development goals.For his part, Al-Marri said: “The agreement marks another important milestone, reflecting the accelerated progress across the various workstreams underway on site and reinforcing its readiness in line with the established delivery schedule.”He noted that the partnership with leading Saudi national companies reflects confidence in local capabilities and expertise, and their ability to deliver projects of this scale and ambition in line with the highest technical and operational standards. Moreover, the agreement marks a significant step toward securing the critical utility requirements of Expo 2030 Riyadh and enabling the timely development and successful opening of the event. 

Related News

Private Equities News
Calendar Icon
Aug 16, 2026
PIF holds $26.3bn stake in SpaceX as of end of June
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
UAE names 6 startups for inaugural Mastercard Lighthouse cohort
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
AIREV partners with Qualcomm to bring sovereign AI to enterprises
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Money20/20 Middle East 2026 gathers global fintech leaders in Riyadh next month
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Riyadh Air, barq partner to advance airline payment technology development
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher