- BECO Capital raised USD 370 million across two new funds, expanding its ability to support founders from pre-seed to IPO.
- BECO Fund IV targets early-stage, sector-agnostic startups, focusing on construction tech, fintech, proptech, consumer/retail tech, and AI/software companies.
- The USD 250 million Growth Fund backs Series B to pre-IPO companies, investing about USD 20 million per opportunity.
Beco Capital
BECO Capital secured USD 370 million across two new funds. The raise includes USD 120 million for BECO Fund IV, the firm’s fourth early-stage fund, and a USD 250 million Growth Fund. These funds aim to expand BECO’s ability to back founders from Pre-Seed to IPO, with a focus on the UAE and Saudi Arabia.
BECO Capital is a venture capital firm aiming to back original thinkers building transformative technology companies across the Gulf region. The firm manages over USD 820 million in assets and invests across the UAE and Saudi Arabia since 2012. Moreover, it focuses on technology companies in the region, supporting ventures at various growth stages without following market trends.
Funds
BECO Fund IV seeks to back category-defining companies with a sector-agnostic approach. Moreover, it focuses on sectors such as construction tech, fintech, proptech, consumer/retail tech, and application software/AI.
“This fund reflects our continued conviction in the early-stage opportunity in the UAE and Saudi, and our belief in the depth of founder talent across the region,” said Dany Farha, Co-Founder and Managing Partner at BECO Capital.
BECO’s Growth Fund invests in companies from Series B through pre-IPO. Furthermore, it seeks to deploy average investments of USD 20 million into both existing BECO portfolio companies and new opportunities.
“This fund gives us the flexibility to partner with the strongest emerging companies and support them through critical scaling phases toward potential exits,” said Amer Alaily, General Partner at BECO Capital.
With these two funds, BECO operates a comprehensive platform aiming to support Gulf founders from pre-seed stages through to IPO.
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