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Palestinian Venture Capital Firm Secures Additional Capital from DGGF

Alongside the International Finance Corporation (IFC) and Reach Holding, a diversified company headquartered in Ramallah, the Dutch Good Growth Fund (DGGF) is a new investor in Ibtikar Fund. Ibtikar Fund is an early stage venture capital firm in Palestine, and can play an important role in developing the area’s entrepreneurial ecosystem. These new investments have increased the fund’s total size to USD 10.4, which it will invest over a three year period.

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