BECO Capital Raises $370 Million to Boost Gulf Startups
BECO Capital has announced the close of $370 million across two new funds, expanding its capacity to support founders from Pre-Seed to IPO. The raise includes $120 million for BECO Fund IV, targeting early-stage ventures, and a $250 million Growth Fund to accelerate scaling companies. Moreover, this expansion strengthens BECO’s presence in the UAE and Saudi Arabia, where the startup ecosystem continues to grow rapidly.
$120M Fund IV to Support Early-Stage Founders
BECO Fund IV focuses on backing category-defining companies with a sector-agnostic strategy, guided by core investment pillars such as construction tech, fintech, proptech, consumer and retail tech, and application software powered by AI. Additionally, 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 Arabia, and our belief in the depth of founder talent across the region.”
$250M Growth Fund to Drive Scale-Ups
BECO’s Growth Fund targets investments from Series B to pre-IPO, with average investment sizes of $20 million. Furthermore, it is led by General Partner Amer Alaily and focuses on both existing BECO portfolio companies and new opportunities.
“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.”
By launching both funds, BECO Capital now operates a comprehensive investment platform that supports founders from early-stage to IPO, further fueling innovation and growth in the Gulf’s most active venture markets.
