BECO Capital has raised US$370 million across two new funds, allowing the firm to support founders at every stage, from Pre-Seed to IPO, with a strong focus on the UAE and Saudi Arabia.
The funds include $120 million for BECO Fund IV, their fourth early-stage fund, and a $250 million Growth Fund for later-stage investments.
BECO Fund IV invests in category-defining companies across sectors, using a sector-agnostic approach. Its main focus areas include construction tech, fintech, proptech, consumer/retail tech, and application software/AI.
The fund is led by Managing Partners Dany Farha, Abdulaziz Shikh Al Sagha, and Yousef Hammad.
“We’ve spent over a decade partnering with founders at the earliest stages and helping them navigate the journey ahead,” said Dany Farha, Co-Founder and Managing Partner at BECO Capital. “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.”
BECO’s Growth Fund supports companies from Series B to pre-IPO stage and is led by General Partner Amer Alaily. The fund usually invests around $20 million in both current BECO portfolio companies and new startups.
“Companies in the Gulf are achieving institutional scale, yet face limited access to dedicated growth capital,” said Alaily. “This fund gives us the flexibility to partner with the strongest emerging companies and support them through critical scaling phases toward potential exits.”
With these two funds, BECO provides full support to founders at every stage, from pre-seed to IPO, across the Gulf’s most active venture markets.
BECO Capital is a venture capital firm that supports innovative founders building transformative tech companies in the Gulf region. Since 2012, it has managed over $820 million in assets and focuses mainly on the UAE and Saudi Arabia.
BECO has achieved nine successful exits, including two unicorns, and continues to partner with founders at all stages of growth.
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