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 Riyadh

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.

Syarah

Series A in 2018
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.

Syarah

Seed Round in 2016
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.