About BECO Capital
BECO Capital is a venture capital firm founded in 2012. It is primarily based out of Dubai, United Arab Emirates. As of May 2026, BECO Capital is an active investor, having invested in 67 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United Arab Emirates based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Stream Overall, BECO Capital portfolio has seen 2 unicorns, 1 IPO and 8 acquisitions including key companies like Swvl, Careem and Fresha. A lot of funds co-invest with BECO Capital, with names like 500 Global sharing a substantial percentage of its portfolio. BECO Capital has team of 14 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
BECO Capital's List of Top Investments
BECO Capital has a portfolio of 67 companies, including 2 unicorns. Their most notable investments are in Sympl and RemotePass.Their portfolio spans across United Arab Emirates, United States, Egypt and 10 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 21 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by BECO Capital:_1581686511122.png?format=webp&height=120&width=120){kind=logo}
1. Swvl
App-based platform for shuttle services. It offers a platform where users can book buses and vans which can be shared by users going the same routes. It offers features like real-time tracking, variant payment options, etc. It also extends its services for businesses. The mobile app is available for iOS and Android devices.
Key facts about Swvl
- Founded Year: 2017
- Location: Cairo (Egypt)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 601 as on Jun 30, 2026
- Investors: Chimera, MSA Capital and 28 Others
- Latest Funding Round: Post IPO, Feb 07, 2025, $*****
- Highlight: Public
2. Careem
App-based ride-hailing aggregator. Users can book rides by providing location, passenger details, payment details, and more. The platform also offers services like food delivery, recharge services, grocery delivery services, and more. Apps are available for Android and iOS users.
Key facts about Careem
- Founded Year: 2012
- Location: Dubai (United Arab Emirates)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $772M
- Employee Count: 6,492 as on Jun 30, 2026
- Investors: IRIS, Kingdom Holding Company and 26 Others
- Latest Funding Round: Series F, Oct 18, 2018, $*****
- Highlight: Acquired
3. Fresha
Online platform providing booking and scheduling local self care services. It offers appointment management, consultation forms, and client reminders. The platform allows users to discover salons, barbers, medspas, and wellness studios. It facilitates online bookings and appointment modifications for various beauty treatments.
Key facts about Fresha
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $285M
- Employee Count: 742 as on Mar 31, 2026
- Investors: Partech Partners, Chimera and 20 Others
- Latest Funding Round: Series C, May 21, 2026, $*****
- Highlight: Editors' Pick
Provider of web-enabled CRM platform for real estate enterprises. The software helps to digitize operations and manage client relationships. It enables users to find a real estate professional directory and agent. Offers solutions for data analytics, brand consultancy, design, marketing, strategy, and finance.
Key facts about Property Finder
- Founded Year: 2005
- Location: Dubai (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $835M
- Employee Count: 1,695 as on Jun 30, 2026
- Investors: Francisco Partners, Mubadala and 9 Others
- Latest Funding Round: Conventional Debt, Feb 19, 2026, $*****
- Highlight: Editors' Pick
5. Matter Labs
Finance infrastructure for blockchain privacy with verifiable computation. It is based on zero-knowledge technologies that allow untrusted parties to prove their integrity through the protocol.
Key facts about Matter Labs
- Founded Year: 2019
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $458M
- Employee Count: 88 as on Jun 30, 2026
- Investors: BECO Capital, Lightspeed Venture Partners and 19 Others
- Latest Funding Round: Series C, Nov 16, 2022, $*****
- Highlight: Editors' Pick
BECO Capital's Year-on-Year Investment Trends
BECO Capital has invested in 67 companies over the last 13 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Stream and most recent follow-on round was in Property Finder.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 2 | 3 |
2024 | 6 | 0 | 6 |
2023 | 0 | 0 | 0 |
2022 | 12 | 3 | 15 |
2021 | 8 | 7 | 15 |
2020 | 1 | 3 | 4 |
2019 | 4 | 3 | 7 |
2018 | 3 | 5 | 8 |
2017 | 5 | 1 | 6 |
BECO Capital's Investments by Stage
BECO Capital has made 31 investments in Seed stage with an average round size of $6.98M, 17 investments in Series A stage with an average round size of $9.5M, 4 investments in Series B stage with an average round size of $25.8M and 1 investment in Series C stage with an average round size of $60M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 17 |
Series B | 4 |
Series C | 1 |
Note: We have considered here, only first round of investments
BECO Capital's Investments by Sector
BECO Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Retail and Food and Agriculture Tech. Notably, it has invested in 64 Tech companies, 48 Enterprise (B2B) companies, 35 Consumer (B2C) companies and at least 30 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 22 |
FinTech | 18 |
Consumer | 14 |
Retail | 13 |
Food and Agriculture Tech | 7 |
Others | 64 |
Note: We have considered here, only first round of investments
BECO Capital's Investments by Geography
BECO Capital has made most investments in United Arab Emirates (25), followed by United States where it has made 9 investments.Country | No. of Investments |
|---|---|
United Arab Emirates | 25 |
United States | 9 |
Egypt | 7 |
Saudi Arabia | 5 |
United Kingdom | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
BECO Capital's recent investments
BECO Capital has made 2 investments in 2026 so far - Stream and Property Finder.Here are the most recent investments by BECO Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 12, 2026 | Saudi Arabia | Seed | 1472 | [+4] | |
Jan 29, 2026 | United Arab Emirates | Series C | 5006 | ||
May 17, 2025 | Egypt | Series A | 7242 | [+5] | |
Jan 2025 | Saudi Arabia | Series A | 9244 | [+7] | |
2025 | United Arab Emirates | Seed | 6487 |
Unicorns in BECO Capital's Portfolio
BECO Capital has 2 unicorns in its portfolio - Fresha and Kitopi. The most recent unicorn in their portfolio is Fresha. It became a unicorn in 2026, 8 years after BECO Capital first invested in it.Here is a list of unicorns in BECO Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | Online platform providing booking and scheduling local self care services | 2015 | London | Series C | wzxd{e{ | ||
71 | Provider of a cloud-based network of food delivery businesses | 2018 | Dubai | Series C | dlfmexq |
IPOs and Publicly Listed companies in BECO Capital's Portfolio
1 of BECO Capital's portfolio company became public - Swvl. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021 at marketcap of $4.77MHere are BECO Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2021 | Mar 2018 | Series A | 3343 |
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Acquired companies in BECO Capital's Portfolio
8 companies from BECO Capital's portfolio have been acquired. The most recent acquisition was CoinMENA in Dec 2025 by Paribu for $*****.Here are BECO Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 05, 2025 | Nov 07, 2021 | Seed | 5971 | |
Sep 03, 2024 | - | - | 9168 | |
May 10, 2023 | 2021 | Seed | 3489 | |
Apr 10, 2023 | Nov 10, 2015 | Series C | 7217 | |
Feb 24, 2022 | Mar 09, 2016 | Seed | 7692 |
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Team profile of BECO Capital
BECO Capital has a team of 14 members including 7 Partners and 2 Principals located in United Arab Emirates, Saudi Arabia and 2 more locations. BECO Capital's team does not sit on the board of any company as of now.Here is a list of top team members in BECO Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Arab Emirates | - | ||
Partner | Dubai | - | ||
Partner | United Arab Emirates | - | ||
Partner | United Arab Emirates | - | ||
Partner | Riyadh | - | ||
Partner | Dubai | - | - | |
Partner | Saudi Arabia | - | - | |
Principal | London | - | ||
Principal | United States | - |
Co-investors of BECO Capital
Over the past 13 years, 420 investors have co-invested in BECO Capital's portfolio companies. This includes funds and angels.
- Invested before BECO Capital: Middle East Venture Partners, 500 Global and 85 others have invested in rounds before BECO Capital. There are 4 companies where Middle East Venture Partners has invested before BECO Capital and 4 companies where 500 Global has invested before BECO Capital.
- Top Co-investors of BECO Capital: 181 investors entered a company along with BECO Capital. These include investors like 500 Global (6 companies).
- Invested after BECO Capital: A total of 152 investors have invested in BECO Capital's portfolio after their investments. Top Investors include Endeavor (8 companies), Mubadala (3 companies) and DisruptAD (3 companies).
Recent News related to BECO Capital
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Algebra AI Raises $7 Million to Expand AI Solutions for Mid-Sized Businessesentarabi.com•Jun 09, 2026•Infinity Constellation, Waseel Partners, BECO Capital, Silicon Badia and 1 other
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Tech Stream Secures $5.2 Million Seed Extension to Build MENA's Billing InfrastructureTechMoran•May 12, 2026•Flourish, Arab Bank, BECO Capital, STV Group and 3 others
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Property Finder Raises $170M from Mubadala and UAE Sovereign FundsGulf Business•Jan 29, 2026•ADIA, Mubadala, BECO Capital, Property Finder
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Thndr Raises $15.7M to Expand Digital Investment Offerings in MENAIncubees•May 21, 2025•thndr, Prosus, BECO Capital, Jimco and 2 others
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ClearGrid emerges from stealth with $10mln to transform debt collection, starting with MENABiz Preneur Me•Mar 21, 2025•Cleangridalliance, Raed Ventures, Wamda Capital, Endeavor and 9 others
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Business ClearGrid Secures USD 10M to Revolutionize Debt CollectionOnline Media Cafe•Mar 20, 2025•ClearGrid, Raed Ventures, BECO Capital, Nuwa Capital and 11 others
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