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BECO Capital raised $370M to back tech startups in the UAE and Saudi Arabia from pre-seed to pre-IPO stages.
BECO Capital has raised $370 million across two funds to support tech startups in the UAE and Saudi Arabia, expanding its platform from pre-seed to pre-IPO stages.
The $120 million Fund IV targets early-stage ventures, while the $250 million Growth Fund focuses on Series B to pre-IPO companies, averaging $20 million investments.
The firm now manages over $820 million, aiming to close the region’s growth capital gap in sectors like fintech, AI, and proptech.
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BECO Capital recaudó $ 370M para respaldar startups tecnológicas en los Emiratos Árabes Unidos y Arabia Saudita desde las etapas previas a la IPO.