Ibtikar Fund

Ibtikar Fund is a Ramallah-based venture capital firm that invests in seed- and early-stage technology companies in Palestine and the broader region. It supports Palestinian startups through initial funding and post-acceleration stages, with occasional Series A investments, aiming to bridge the funding gap between accelerators and later-stage investors. The firm leverages an experienced management team and a select network of advisors and partners to help portfolio companies scale. It prioritizes high-potential Palestinian founders and sectors including information technology, software, media, and related technology-driven services.

Ambar Amleh

Founder and Managing Partner

Habib Hazzan

Managing Partner

Reem Qawasmi

Venture Partner

Past deals in Palestine

Kenz

Seed Round in 2021
Founded in 2015, Kenz is a women's intimate wear e-commerce platform tailored to the Arab market. It offers a curated selection of bras, bottoms, nightwear, and accessories, with a focus on personalized fit, community building, and privacy through an all-women customer service team.

SocialDice

Seed Round in 2017
SocialDice Inc. is a Dubai-based company that specializes in developing and operating recruitment software and an applicant tracking system. Founded in 2013, it offers a Software-as-a-Service (SaaS) product designed to enhance the hiring process for employers. SocialDice enables organizations to advertise job openings across multiple platforms with minimal effort, including well-known job sites. The software utilizes artificial intelligence and machine learning technologies to analyze candidate qualifications, providing insights into their skills and experiences. It centralizes the entire hiring process, allowing employers to manage applicants, conduct interviews, and collaborate with hiring teams from a single dashboard. Additionally, SocialDice facilitates communication with candidates and offers tools to create professional job descriptions, track hiring metrics, and improve overall recruitment effectiveness. The company also operates an office in Ramallah, Palestine, further extending its reach in the recruitment technology sector.

Kenz

Seed Round in 2017
Founded in 2015, Kenz is a women's intimate wear e-commerce platform tailored to the Arab market. It offers a curated selection of bras, bottoms, nightwear, and accessories, with a focus on personalized fit, community building, and privacy through an all-women customer service team.

RedCrow Intelligence

Seed Round in 2016
RedCrow Intelligence is a private intelligence company based in the Palestinian Authority that specializes in providing risk mitigation solutions for organizations and individuals operating in the Middle East and North Africa. By leveraging Open-Source Intelligence (OSINT), RedCrow delivers timely and accurate real-time data on security threats, such as armed clashes and roadblocks, enabling clients to navigate volatile political environments effectively. The company employs a combination of open source, human intelligence, and social intelligence to create a comprehensive understanding of emerging risks. Through its online platform and mobile application, RedCrow offers customized services and constantly updated intelligence feeds, allowing clients to receive security alerts and analytical reports tailored to their specific needs. This approach ensures that users are well-informed and prepared to address potential threats at both tactical and strategic levels.

SocialDice

Seed Round in 2015
SocialDice Inc. is a Dubai-based company that specializes in developing and operating recruitment software and an applicant tracking system. Founded in 2013, it offers a Software-as-a-Service (SaaS) product designed to enhance the hiring process for employers. SocialDice enables organizations to advertise job openings across multiple platforms with minimal effort, including well-known job sites. The software utilizes artificial intelligence and machine learning technologies to analyze candidate qualifications, providing insights into their skills and experiences. It centralizes the entire hiring process, allowing employers to manage applicants, conduct interviews, and collaborate with hiring teams from a single dashboard. Additionally, SocialDice facilitates communication with candidates and offers tools to create professional job descriptions, track hiring metrics, and improve overall recruitment effectiveness. The company also operates an office in Ramallah, Palestine, further extending its reach in the recruitment technology sector.
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