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BECO Capital

Asia, Dubai, United Arab Emirates, Dubai

Description

BECO Capital is a prominent venture capital firm based in Dubai, United Arab Emirates, recognized as a leading investor in early-stage technology companies across the Middle East and North Africa (MENA) region. Established with a clear mandate to fuel the growth of promising tech startups, BECO Capital primarily focuses on Series A and Series B funding rounds. The firm distinguishes itself through its hands-on operational support, working closely with portfolio companies to navigate challenges and scale effectively, beyond just providing capital.

The firm has demonstrated significant growth and impact since its inception, managing over $450 million across four distinct funds. Their latest fund, BECO Capital Fund IV, successfully closed at $150 million, underscoring investor confidence in their strategy and the MENA tech ecosystem. This capital is deployed to support companies poised for rapid expansion, with initial cheque sizes typically ranging from $500,000 to $5,000,000. BECO Capital's investment thesis centers on identifying disruptive business models and strong founding teams that can achieve regional dominance.

BECO Capital's portfolio boasts a track record of success, featuring over 60 investments in high-growth companies that have reshaped various sectors. Notable exits include Careem, the ride-hailing giant acquired by Uber for a landmark $3.1 billion, and Swvl, a mass transit platform that successfully listed on NASDAQ. These achievements highlight BECO Capital's ability to identify and nurture ventures that achieve significant scale and deliver substantial returns, solidifying its position as a cornerstone investor in the burgeoning MENA technology landscape.

Investor Profile

BECO Capital has backed more than 58 startups, with 7 new investments in the last 12 months alone. The firm has led 19 rounds, about 33% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United Arab Emirates, United States, Egypt.
  • Strong thematic focus on Financial Services, FinTech, Software.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (31%)
  • Series A (29%)
  • Series B (14%)
  • Series Unknown (5%)
  • Series D (5%)
  • Series C (5%)
  • Pre Seed (5%)
  • Initial Coin Offering (2%)
  • Debt Financing (2%)
  • Convertible Note (2%)

Country Focus

  • United Arab Emirates (34%)
  • United States (28%)
  • Egypt (12%)
  • United Kingdom (9%)
  • Saudi Arabia (7%)
  • Singapore (3%)
  • Cayman Islands (2%)
  • Turkey (2%)
  • Bahrain (2%)
  • India (2%)

Industry Focus

  • Financial Services
  • Fintech
  • Software
  • Finance
  • E-commerce
  • Health Care
  • Information Technology
  • Credit Cards
  • Transportation
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BECO Capital frequently co-invest with?

VentureSouq
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 5
VNV Global
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 5
Silicon Badia
North America, New York, United States, New York
Co-Investments: 6
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 5
Global Ventures
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 7
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 11
500 Global
North America, California, United States, San Francisco
Co-Investments: 6
Raed Ventures
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 5
Endure Capital
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 6
4DX Ventures
North America, New York, United States, Brooklyn
Co-Investments: 6

Which angels does BECO Capital often collaborate with?

GN
North America, California, United States
Shared Deals: 1
KR
North America, New York, United States, New York
Shared Deals: 1
JC
North America, California, United States, San Francisco
Shared Deals: 1
Lucy Gazmararian
Asia, Hong Kong
Shared Deals: 1
Michael Lahyani
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 2
WS
North America, California, United States, San Francisco
Shared Deals: 1
ED
North America, New York, United States, New York
Shared Deals: 2
Nikhil Kamath
Asia, Karnataka, India, Bangalore
Shared Deals: 1
GF
Africa, Egypt
Shared Deals: 2
AS
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by BECO Capital?

Thndr

Cairo, Al Qahirah, Egypt

Thndr is a financial services company that operates an app-based investment platform.

FinanceFinancial ServicesFinTechSoftware
Series UnknownMay 17, 2025
Amount Raised: $15,700,000
ClearGrid

Dubai, Dubai, United Arab Emirates

ClearGrid aims to help modernize debt collection and recovery with AI.

Artificial Intelligence (AI)Financial ServicesSoftware
Pre SeedMar 19, 2025
Amount Raised: $3,500,000
Taager

Cairo, Al Qahirah, Egypt

Taager is a social e-commerce platform enabling online merchants with end-to-end logistics.

E-CommerceLogistics
Series BFeb 11, 2025
Amount Raised: $6,750,000
BRKZ

Riyadh, Ar Riyad, Saudi Arabia

BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.

B2BBuilding MaterialConstructionE-Commerce
Series AFeb 9, 2025
Amount Raised: $8,000,000
Mala Inc.

Riyadh, Ar Riyad, Saudi Arabia

Mala is a B2B BNPL platform that facilitates transactions in MENA.

FinTech
Pre SeedOct 19, 2024
Amount Raised: $7,000,000
Ejari

Riyadh, Ar Riyad, Saudi Arabia

Ejari provides a rent now, pay later service for residential properties.

Real EstateRental
SeedOct 9, 2024
Amount Raised: $14,647,434
FlapKap

Abu Dhabi, Abu Dhabi, United Arab Emirates

FlapKap develops a revenue-based financing solution platform for e-commerce and SaaS businesses.

E-CommerceFinancial ServicesFinTechSaaS
SeedSep 9, 2024
Amount Raised: $34,000,000
BRKZ

Riyadh, Ar Riyad, Saudi Arabia

BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.

B2BBuilding MaterialConstructionE-Commerce
Series AMar 5, 2024
Amount Raised: $8,000,000
MaxAB

Cairo, Al Qahirah, Egypt

MaxAB is a B2B e-commerce platform that connects food and grocery retailers to suppliers.

B2BE-CommerceInternet
Series AOct 19, 2022
Amount Raised: $40,000,000
Pine Street Labs

San Francisco, California, United States

Pine Street Labs builds enterprise wallet software designed to expand and democratize the usage of public blockchains.

BlockchainEnterprise SoftwareFinTech
SeedOct 14, 2022
Amount Raised: $6,000,000