BECO Fund I

BECO Fund I is a venture capital fund managed by BECO Capital, specializing in late seed to early venture and growth capital investments. Founded in 2012 and based in Dubai, United Arab Emirates, the firm focuses on technology-driven companies in the Middle East and North Africa, with particular attention to the United Arab Emirates, Saudi Arabia, Levant, Egypt, and other GCC countries. BECO Capital typically invests between $0.25 million and $3 million in small to medium-sized enterprises, acting as a lead investor while also co-investing. The firm prioritizes socially responsible companies with early adopter users and some revenue, providing not only financial support but also hands-on operational mentorship to enhance growth.

Karim Abadir

Investment Manager

Dany Farha

Co-Founder, Chief Executive Officer & Managing Partner

Bora Hamamcioglu

vice_president

Yousef Hammad

Managing Partner

Abdulaziz Sagha

General Partner

Felix Zimmermann

CFO

Past deals in Abu Dhabi

Dapi

Seed Round in 2019
Dapi Ltd is a fintech company that specializes in developing application programming interfaces (APIs) to facilitate payments between consumer bank accounts and businesses. Founded in 2019 and headquartered in Abu Dhabi, the company provides a suite of open banking APIs designed to connect customer bank accounts, initiate payments, and access financial data in real-time. Dapi acts as an intermediary between financial applications and banks, enabling developers to create solutions such as digital wallets, budget trackers, and investment applications. Its services allow fintech companies to initiate payments through banks and offer financial services based on customer bank statement data. Dapi operates in multiple countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, and has demonstrated significant demand for its offerings, achieving substantial growth in annual recurring revenue.

Kitopi

Series B in 2019
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

Kitopi

Series A in 2018
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

Kitopi

Seed Round in 2018
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

TravelerVIP

Seed Round in 2013
TravelerVIP.com operates as a travel Website that offers discounts on selected hotels and holidays. It provides online booking services for beach resorts, city escapes, desert hotels, honeymoon hotels, safari lodges, romantic hotels, golf hotels, island resorts, mountain resorts, ski resorts, culinary hotels, shopping hotels, and family hotels in Dubai, Abu Dhabi, London, Paris, New York, Bangkok, and Beijing. TravelerVIP.com was formerly known as RihlaPrime.com. The company was founded in 2012 and is based in Dubai, United Arab Emirates.