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Siraj Palestine Fund I is a private equity fund that makes direct equity investments in companies across the Palestinian Territories. It targets viable small and medium enterprises (SMEs) and larger businesses, from startups to distressed entities. The fund takes minority positions, focusing on technology-oriented sectors to achieve capital appreciation.
Launched in 2011, the fund was sponsored by Massar International, a Palestinian company based in Ramallah. Its establishment stemmed from an initiative to foster technological development and private sector investment in the region. Siraj Palestine Fund I was selected through a competitive process for a global technology and innovation fund.
Serving diverse Palestinian businesses, the fund's dual vision is to generate strong capital returns and catalyze significant economic development within the Palestinian Territories. It strives to cultivate a dynamic business ecosystem and deepen local capital markets.
Siraj Palestine Fund I has 1 tracked investment across 1 company. The latest tracked deal is $3.2M Series C in WebTeb in September 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 16, 2014 | WebTeb | $3.2M Series C | Sadara Ventures | — |