Investor directory

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.

Focus

Seed RoundSeries AEarly VentureScale StageMiddle EastShow more
http://www.becocapital.com
https://crunchbase.com/organization/beco-capital
https://facebook.com/becocapital
https://linkedin.com/company/beco-capital
https://pitchbook.com/profiles/fund/16819-03F
https://signal.nfx.com/firms/beco-capital
https://twitter.com/becocapital
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=227932013

Karim Abadir

Investment Manager

Dany Farha

Co-Founder, Chief Executive Officer & Managing Partner

Bora Hamamcioglu

vice_president

Yousef Hammad

Managing Partner

Past deals in United Arab Emirates

Hubpay

Series A in 2022
Hubpay Technologies Ltd. operates Hubpay, a digital wallet designed for facilitating low-cost remittances and international bill payments in the United Arab Emirates. Founded in 2019 and based in Dubai, the platform aims to enhance financial inclusion in emerging markets by supporting both the remittance and mobile money sectors. Hubpay provides a user-friendly solution for individuals sending and receiving money, contributing to easier access to financial services in the region.

Careem

Series D in 2016
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Careem

Series C in 2015
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Careem

Series B in 2014
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

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.