BECO Capital has announced the successful close of $370 million across two new investment vehicles, strengthening its ability to support founders from the earliest stages through to IPO, with a primary focus on the UAE and Saudi Arabia. The new capital includes $120 million for BECO Fund IV, the firm’s fourth early-stage fund, and a further $250 million allocated to a dedicated Growth Fund.
$120M BECO Fund IV – Backing Founders from Pre-Seed to Series A
BECO Fund IV is designed to invest in category-defining start-ups with a sector-agnostic strategy, anchored in core investment pillars such as construction technology, fintech, proptech, consumer and retail technology, and application software and 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.”
$250M Growth Fund – Fuel for Regional Scale-Ups
The Growth Fund targets investments in companies from Series B through to pre-IPO and is led by General Partner Amer Alaily. The fund will typically deploy around $20 million per investment, supporting both existing portfolio companies and new ventures seeking to scale.
“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.”
Together, the two funds expand BECO Capital’s full-stack platform to provide end-to-end backing for founders across the Gulf’s most active venture markets, reinforcing its role as a leading player in the region’s innovation ecosystem.