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Ibtikar Fund
Ibtikar Fund is a Ramallah-based seed-stage venture firm backing Palestinian-founded tech startups since 2015.
Ibtikar Fund
Ibtikar Fund is a venture capital firm founded in 2015 in Ramallah, Israel. It provides early-stage funding and business mentorship to Palestinian entrepreneurs and tech-enabled startups addressing regional or global market needs. The firm has made 46 investments, including a Seed VC investment in MilkStraw AI on January 05, 2026.
General information
Firm type
Private Equity
Year founded
2015
AUM
$10M - $50M (Altss estimate)
Location
Region
Middle East
Country
Palestine
City
Ramallah
Corporate office
Ramallah, Palestine
Principals
Ambar Amleh
Managing Partner
Habib Hazzan
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Ibtikar Fund?
Managing Partners Ambar Amleh and Habib Hazzan lead all investment decisions. The founding team built Ibtikar as a general partnership with a flat decision-making structure typical of first-time seed funds. Amleh focuses on portfolio support and ecosystem building while Hazzan leads deal origination and structuring.
How does Ibtikar Fund source proprietary deal flow?
Ibtikar sources through a diaspora lens — it tracks Palestinian founders globally, not just those based in Ramallah. The firm's network spans university programs in the West Bank, accelerator cohorts in Amman, and Palestinian diaspora communities in Silicon Valley and the Gulf. This gives Ibtikar visibility into companies that purely geography-bound funds miss.
Is Ibtikar structured as a single family office or a traditional venture firm?
Ibtikar is structured as a traditional venture capital firm with outside limited partners. It raised its debut fund from development finance institutions and regional family offices, not from a single-family balance sheet. The firm operates with standard VC economics — management fees and carried interest.
Does Ibtikar Fund participate in fund commitments or only direct deals?
Ibtikar exclusively makes direct equity investments into startups. The firm does not act as a fund-of-funds or allocate to other venture managers. Its model is writing first checks into pre-seed and seed-stage companies and reserving capital for follow-on rounds.
What investment stages does Ibtikar Fund typically target?
Ibtikar targets pre-seed and seed stages with initial checks ranging from $50,000 to $250,000. The firm positions itself as the first institutional investor in most portfolio companies, occasionally co-investing alongside angel syndicates or regional accelerators.
Where does Ibtikar Fund's underlying capital come from?
Ibtikar Fund I was raised from a combination of development finance institutions — entities that back emerging-market venture as a form of economic development — and regional family offices. The firm has not publicly disclosed specific LP names or fund size.
What is Ibtikar Fund's known posture on co-investments alongside external GPs?
Ibtikar co-invests opportunistically with other Levant-focused seed funds and regional angel networks, particularly when portfolio companies raise follow-on rounds that exceed Ibtikar's reserve allocation. The firm has not formalized a co-investment vehicle, and collaborates on a deal-by-deal basis.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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