Middle East VC Inks $28.7M for Palestinian Tech
The Middle East Venture Capital Fund has secured $28.7 million for the first venture fund targeting Palestinian technology companies. Based in Ramallah, the fund has sealed investments from Cisco, Google, The Soros Economic Development Fund, Skoll Foundation and the European Investment Bank. The fund will focus on startup companies in the Internet, mobile and software sectors created by entrepreneurs in the West Bank.
Bycnolan
9 March 2011•3 mins read
