BECO Capital
Dubai-based venture capital firm backing Gulf technology companies from pre-seed to growth
Overview
BECO Capital is a venture capital firm founded in 2012 and headquartered in Dubai, investing in early-stage and, more recently, growth-stage technology companies primarily in the UAE and Saudi Arabia.
The firm’s investment pillars span construction technology, fintech, proptech, consumer and retail technology, and application software including AI, and it reports having invested in more than 80 companies to date.
In September 2025, BECO Capital announced the close of $370 million across two new vehicles, a $120 million early-stage Fund IV and a $250 million growth fund, expanding its ability to back founders from pre-seed through to IPO. Its portfolio includes Careem, acquired by Uber for $3.1 billion, and Property Finder, which reached a $1 billion valuation.
Areas of expertise
- Venture capital
- Growth-stage investment
- Pre-seed to IPO funding
- Technology sector investment
Regional presence
Sources
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Saudi Arabia’s sovereign wealth fund, the leading financier of the kingdom’s economic transformation, with major commitments in technology and artificial intelligence.
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