Nazareth-Based Fund For Arab-Israeli Startups Raises $10M

A new Nazareth-based VC, called FBF (For Better Future), has announced that it has raised $10 million, which it intends on investing in Arab-owned startups in Israel. FBF’s founder, Mussa Naim told TheMarker that he represents two international groups of Arab investors and that the VC plans on raising an additional $40 million.