Profile
Ibtikar Fund is a venture capital firm based in Palestine, focused on investing in innovative startups founded by Palestinian entrepreneurs. The firm was established to provide crucial early-stage funding to companies within Palestine and the broader MENA region that are tech or tech-enabled, scalable, and meet regional or global market needs. The team at Ibtikar offers a unique mix of support, guidance, and a vast network to help startups grow both locally and globally. With their commitment to nurturing high-potential businesses, Ibtikar plays a vital role in the regional startup ecosystem.
Ibtikar Fund invests primarily in tech and tech-enabled sectors, supporting startups from Seed to Series A stages. Their check sizes are within the $1-5 million range, focusing on the MENA region and Palestine specifically. Ibtikar Fund manages two funds: Ibtikar Fund I with $10.35M (vintage 2016) and Ibtikar Fund II with $25M (vintage 2022). They emphasize a collaborative investment approach, often working alongside other investors to maximize opportunities for portfolio companies.
Notable companies in Ibtikar Fund's portfolio include Alma Health - a digital healthcare provider, Coretava - a B2B platform for online retail, Mashvisor - a real estate investment tool, SellEnvo - an e-commerce SaaS leader, and MENA Analytics - a market research pioneer, among others.
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