Takwin Ventures (see here previously) is dedicated to investing in startups with at least one Arab Israeli cofounder. Since 2015, it has supported 10 early-stage startups. Takwin founder Imad Telhami himself founded Babcom, which now employs over 5,000 in outsourced services.
https://www.israel21c.org/could-the-next-israeli-unicorn-have-an-arab-founder/