Sadara Ventures, a Palestine-based investment firm backed by technology companies Cisco and Google, is reportedly on the brink of its first investment.
It emerged the firm was nearing its first investment in an interview with the NewYork Times yesterday wit Yadin Kaufmann, a co-founder of Sadara.
Google and Cisco were joined last year backing Sadara Ventures’s $28.7m fundraising for its first fund by development fund European Investment Bank and the George Soros Economic Development Fund as well as AOL founder Steve Case.