BECO Capital

BECO Fund I, managed by BECO Capital, is an early-stage venture capital fund based in Dubai, United Arab Emirates. Founded in 2012, the fund focuses on investing in technology startups within the Middle East and North Africa (MENA) region, particularly in sectors such as mobile services, software as a service (SaaS), and internet technologies. BECO Fund I typically invests between $0.25 million and $3 million in single funding rounds, targeting small to medium-sized enterprises. The firm seeks to partner with socially responsible companies that have early adopter users and some revenue generation, even if limited. In addition to financial investment, BECO Fund I provides hands-on operational mentorship to its portfolio companies, enhancing their growth potential and overall success.

Karim Abadir

Investment Principal

Dany Farha

Co-Founder, CEO and Managing Partner

Yousef Hammad

Managing Partner

Mokhtar Ibrahim

Investment Principal

Abdulaziz Shikh Al Sagha

General Partner

Felix Zimmermann

CFO

Past deals in Saudi Arabia

Vezeeta

Series D in 2020
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

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 is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

Kitopi

Series A in 2018
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

Vezeeta

Series C in 2018
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

Kitopi

Seed Round in 2018
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

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.

Vezeeta

Series B in 2017
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

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.

RoundMenu

Seed Round in 2012
RoundMenu Ltd. is an online restaurant discovery platform based in Dubai, United Arab Emirates, founded in 2012. It enables users to book restaurants online and browse options by cuisine, location, or theme. The platform incorporates social media data from various sources, such as Instagram and TripAdvisor, to rank restaurants and provide personalized recommendations. RoundMenu operates in three countries: the UAE, Saudi Arabia, and Singapore, offering features like customer reviews, maps, and average prices to assist diners in making informed choices. As of 2018, RoundMenu functions as a subsidiary of Careem Networks FZ LLC.
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