Fuel Venture Capital, a Miami, FL-based early-stage investor in technology and digital companies, will raise money for its next fund.
Institutional investors will be able to participate in its upcoming Fuel Venture Capital Flagship Fund II, which is aiming to raise $300m, via The Fuel VC Note, a listed, centrally cleared transferable Note that can be sold and traded throughout its duration.
The fund will target technology companies that transform how businesses and consumers transact, consume, work and enjoy their life journey. The fund is already primed to invest in seven warehouse companies, all previously backed by Fuel Venture Capital funds. These are: Betr, RecargaPay, Soundtrack Your Brand, Curve, CookUnity, AEXLAB and Novopayment.
The firm is led by Jeff Ransdell, founding partner and managing director.
