Miami, FL – September 9, 2021 – As Miami’s startup and venture capital scene booms, Fuel Venture Capital, founded in Miami’s Wynwood Arts District in 2017, proudly announced its expansion and the relocation of its headquarters to Coconut Grove. On Thursday, September 9, 2021 the Fuel Venture Capital team alongside Mayor of Miami Francis Suarez celebrated the opening with a ribbon cutting ceremony.
Fuel VC has positions in 31 startups, including three unicorns and five projected to surpass billion-dollar valuations by year-end. It has deployed over $50 million to South Florida based companies alone.
Recently featured in Forbes and deemed “Fuel Station”, the headquarters comprises three levels designed with collaboration and style in mind. Managing Director and Founding Partner Jeff Ransdell built the office of his dreams during the pandemic and filled it with unique pieces from LA-based photographer Tony Kelly and artist Florian Eymann. The office is shared with Fuel VC portfolio companies Taxfyle and BOLT, as well as partner firms such as IDC Ventures, legal partner Leslie Zigel of SMGQ Law, Maquia Capital Acquisition Corp (NASDAQ: MAQC) and communications agency of record, The Tag Experience. Throughout the 20,000 sq. ft space, you will find lounge areas, conference rooms, coffee stations, a bar, billiards table, ping pong table and custom OhmniLabs robots (a Fuel VC portfolio company) that encourage idea sharing amongst companies. More than 45 employees and six companies currently occupy the Fuel Station.
Additionally, the famed “Fuel Wall of Fame,” where investors, founders, and VIP’s sign the neon backlit wall adorns signatures from investors and visitors such as Grammy winning superstar Pitbull, 4-time Tour de France champion Chris Froome, Miami tech spokesperson and Mayor of Miami Francis Suarez, and many more. Guests at the grand opening included Mayor Suarez, Jeff Ransdell, Fuel’s Maggie Vo, Taxfyle founders Richard Lavina, Michael Mouriz, and Will Sahatdjian, The Tag Experience’s Jared Shapiro, IDC Ventures’ Bobby Aitkenhead, Recargapay’s Rodrigo Teijeiro, Roxette Miranda, Nikki Cabus, Pat Dwyer, Chris Adamo, Eric Gallen and more.