Change the narrative:
Invest in startups
in Palestine

Invest now

In collaboration with the Bank of Palestine and Intersect Hub, we are offering you an opportunity to create a lasting impact by investing in the SAFE Palestine emergency fund.

For us, it's not just an investment opportunity; our collective contribution will be a stride towards shaping the future of Palestine’s economy. It is for this reason we will be donating all of our fees to Muslim Aid, a UK Charity.

Palestine is in Crisis

Palestine’s startup ecosystem is grappling with unprecedented challenges during the ongoing crisis. A once-thriving tech sector is now struggling with the loss of brilliant minds, severe destruction of digital infrastructure and disruptions of the network–pushing the economy to a standstill.

Invest in Palestine

The Impact of War in Numbers

Over 468,000 jobs have been lost in Palestine since the beginning of the war
Start ups in Palestine raised $1.29
million in 2023
Daily labour income losses of
$20.5 million
Gaza's annual GDP fell by
$655 million in 2023

GDP declined by 24% in 2023,
approaching its 1994 level

Source: UNCTAD calculations, based on data from Palestinian Central Bureau of Statistics

SAFE Palestine Fund: All You Need to Know

Leading Palestinian entities, including the Bank of Palestine and Intersect Innovation Hub, have joined hands to raise a $5 million emergency fund to be deployed in 25-30 companies by June 2024.

Investment through SAFE Notes

SAFE is a legally binding promise between an investor and a startup that allows an investor to inject capital into a startup in exchange for the right to obtain equity at a future date.

Investors will come in at a 20% discount on the share price compared to the next equity financing round.

Minimal operational costs
Simple and quick agreement

Startup Selection Criteria for Fund

1
Tech startup with its primary headquarters or operational base in Palestine
4
Startup has less than a 9-month runway going into October 2023
2
Raised over $100,000 from VC funds or $50,000 in alternative financing (e.g. angel investors, accelerators or ecosystem enablers)
5
Startup had a live offering in the market with paying customers in the 6 months leading up to October 2023 OR Startup can provide clear evidence of MVP and go-to-market strategy to launch in Q4 2023, which was disrupted by the ongoing crisis.
3
The above financing was closed and disbursed in the two years preceding October 2023
6
Startup passes KYC/AML checks of
SPV management

Why Invest in the SAFE
Palestine Initiative

Mission Driven
Impact

Your investment goes beyond capital returns; you're investing in the resilience and future prosperity of a community in urgent need. The fund’s impact will change the lives of many people in Palestine beyond just entrepreneurs, all of whom need our support now more than ever and have been underserved by the international community.

Vetted Startups and Quality Partners

Your investment goes beyond capital returns; you're investing in the resilience and future prosperity of a community in urgent need. The fund’s impact will change the lives of many people in Palestine beyond just entrepreneurs, all of whom need our support now more than ever and have been underserved by the international community.

Resilient Tech
Sector

Your investment goes beyond capital returns; you're investing in the resilience and future prosperity of a community in urgent need. The fund’s impact will change the lives of many people in Palestine beyond just entrepreneurs, all of whom need our support now more than ever and have been underserved by the international community.
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What Sectors will the Fund Invest into?

The fund is sector-agnostic as it aims to support recovery across various sectors such as Renewable Energy, Logistics, AgriTech, EdTech and E-commerce.

The majority are registered in Delaware, ADGM or BVI with operating companies in Gaza and the Westbank, have 3-50 employees, have secured previous funding and exhibit a potential for future growth.

Deal Fee Structure

For this opportunity, there will be a one-time transaction fee of 2.5%. All of this will be donated to Muslim Aid, a UK-registered charity to support local causes. There are no other fees involved and our carry fee has also been waived.

How Will I Be Kept
Up-to-date?

At Wahed Ventures, we provide quarterly updates on the progress of our investments. In the case of this fund, we will keep you informed on companies that have passed eligibility criteria, new investments made via the fund and the progress of those companies.