TLDR:
- Takwin Ventures, co-founded by top venture capital firms in Israel, supports Arab tech entrepreneurs by providing funding, office space, and networking opportunities.
- The project aims to address obstacles faced by Arab entrepreneurs, such as lack of military connections and access to startup networks.
Takwin Ventures, founded by top venture capital firms in Israel, is helping Arab tech entrepreneurs navigate obstacles in the startup ecosystem. The project, co-founded by Imad Telhami and backed by Erel Margalit and Chemi Peres, aims to fill the gaps in support and funding for Arab startups in Israel. One example is Waseem Geraisy, CEO of Sorlis, a medical device startup, who benefited from Takwin’s 3D Generation program. Geraisy, along with other participants, had the opportunity to meet industry mentors and gain valuable connections to jumpstart his company.
Takwin Ventures provides early-stage startups with funding, office space, research assistance, and connections to professional networks. The firm has supported 13 startups, including Sorlis, Imagry, SeismicAI, and Myndlift. Despite challenges in fundraising due to events like the Gaza war, Takwin continues to support Arab-Israeli companies in the tech sector. The project also serves as a bridge for business partnerships with the broader Middle East market, following the Abraham Accords in 2020.
The Takwin office, located in Haifa, aims to make high-tech accessible to Israel’s Arab citizens in the north. However, the firm faces challenges in fundraising, especially in the current VC environment. Despite this, Takwin remains dedicated to supporting Arab tech entrepreneurs and fostering collaboration between Arab and Jewish business partnerships in Israel.
