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  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.

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Mintiply Capital
Fuel Venture Capital
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