
BECO Capital
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
Frequently Asked Questions
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