Hasnae Taleb and Jeff Ransdell Fuel UAE Startups with $45 Million Investment
Empowering promising startups with necessary resources and support to thrive, contributing to the UAE's position as a global hub for entrepreneurship.
Jeff Ransdell, Managing Director and Founding Partner of Fuel Venture Capital, along with Hasnae Taleb, Managing Partner of Mintiply Capital, are revolutionizing the UAE’s investment ecosystem with the launch of a $300 million vintage fund. A key highlight of this initiative is a dedicated $45 million allocation aimed at accelerating startup growth within the GCC region. This fund offers regional investors an exclusive opportunity to tap into high-growth ventures before they go public, unlocking exponential returns.
Strategic Collaboration for Market Disruption
Mintiply Capital and Fuel Venture Capital have joined forces through a Special Purpose Vehicle (SPV), merging their extensive expertise in venture investments and capital markets. With decades of combined experience, Ransdell and Taleb bring strategic guidance to startups, helping them scale and navigate the path to IPOs. Their investment philosophy hinges on the belief that backing pre-IPO companies can yield immediate returns of up to 200%, creating a lucrative avenue for GCC investors.
A Curated Portfolio of High-Potential Startups
The fund grants investors access to a carefully selected portfolio of pioneering startups supported by Fuel Venture Capital. Among the standout companies are:
> Betr – A groundbreaking sports betting platform co-founded by Jake Paul, integrating real-time engagement with micro betting.
> Curve – A fintech disruptor that consolidates multiple financial accounts into a single, seamless card experience.
> CookUnity – A chef-to-consumer platform redefining meal delivery with premium, gourmet-quality meals.
> Novopayment – A key innovator in digital payments infrastructure across the Americas.
> Aexlab – A leader in virtual reality gaming and social engagement technologies.
These startups are not just market disruptors; they are poised to redefine entire industries and deliver substantial returns once they enter public markets.
Empowering GCC Investors with Global Opportunities
Ransdell and Taleb are committed to bridging the gap between regional investors and the world’s most promising private market opportunities. The vintage fund provides GCC-based investors with early-stage access to transformative businesses—opportunities that typically remain unavailable until much later in their growth cycle.
Industry Titans at the Helm
Jeff Ransdell: A Legacy in Capital Markets
As the founder of Fuel Venture Capital, Jeff Ransdell brings an illustrious career spanning decades in public markets. His tenure as a Managing Director at Merrill Lynch saw him oversee an astounding $130 billion in assets for influential global investors. His deep expertise in asset management, venture investing, and market scaling makes him a formidable force in identifying and nurturing high-growth startups.
Hasnae Taleb: The “Shewolf of Nasdaq”
Hasnae Taleb broke barriers as the youngest equity trader on Wall Street and the first Arab African woman to earn international recognition in global capital markets. Known for her razor-sharp analytical skills and fearless decision-making, she gained the moniker “Shewolf of Nasdaq” for her ability to navigate high-stakes trading with precision. As Managing Partner of Mintiply Capital, she now channels her expertise into creating investment ecosystems that empower both innovators and investors.
“Both Jeff and I understand what it takes to list companies and the immense value creation that occurs before a company goes public,” said Hasnae Taleb. “We are bringing this opportunity to investors in the region to give them access to exceptional returns and a strategic advantage over traditional investment avenues.”
Jeff Ransdell added, “The GCC market is evolving rapidly, and there’s a growing appetite for sophisticated investment vehicles. This fund delivers exactly that — it empowers investors to support transformative businesses while capturing the kind of returns typically reserved for institutional players.”
Shaping the Future of Venture Capital in the GCC
The launch of this vintage fund underscores the shared vision of Mintiply Capital and Fuel Venture Capital in strengthening the financial landscape of the UAE and KSA. By championing visionary entrepreneurs and scaling cutting-edge businesses, Ransdell and Taleb are fostering sustainable economic growth and cementing the region’s status as a global hub for venture capital and entrepreneurship.
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