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BECO Capital Raises $370 Million to Back Founders from Pre-Seed to IPO in the Gulf
['Sarjatha Sarjatha']
Global News Network Liberia
BECO Capital announces the close of $370 million across two new funds, expanding BECO’s ability to back founders from Pre-Seed to IPO, with a continued focus on the UAE and Saudi Arabia.
The raise includes $120 million for BECO Fund IV, the firm’s fourth early-stage fund, and a $250 million Growth Fund.
“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.
The fund deploys average investments of $20 million into 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.