Close Menu
Gulf Eye News
    Hot News
    Business

    Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

    Business

    Tokio Marine Insurance UAE simplifies claims with Kodak Alaris’ AI-driven automation

    Business

    Tuum selected by Uptex Bank to power e-banking expansion in Middle East and Africa

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Gulf Eye News
    • Home
    • UAE

      Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

      Legends Charity Game in Lisbon to raise millions for charity

      Dar Global awards main works contract for ‘The Astera, Interiors by Aston Martin’ to Gulf Asia Contracting LLC

      CUD introduces new AI program to advance global leadership in artificial intelligence

      GFH signs partnership agreement with Dubai Cares to support education of children in the UAE

    • Politics

      Four Seasons Hotel London at Park Lane to Launch Newly Renovated Suites in Summer 2025: A New Era of Understated Luxury in the Heart of Mayfair

      Patron Capital Secures Major Investment From Mitsubishi Estate to Accelerate European Growth and Expand Into New Subsectors

      SHEGLAM Drops the Skin Tint + SPF That Does It All

      Etihad Credit Insurance (ECI) wins ‘Deal of the Year’ award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen

      DGHR reinforces commitment to inclusive employment for people of determination across Dubai’s government entities

    • Business

      Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

      Tokio Marine Insurance UAE simplifies claims with Kodak Alaris’ AI-driven automation

      Tuum selected by Uptex Bank to power e-banking expansion in Middle East and Africa

      NTT DATA partners with Google Cloud to accelerate agentic AI adoption and cloud modernization for enterprises globally

      UPAC reports Q2 2025 financial results

    • Technology

      Sony Introduces the RX1R III: The Flagship Full-Frame Premium Compact Camera with a Fixed Lens

      Player Protection in the Spotlight at SBC Summit 2025

      CUD introduces new AI program to advance global leadership in artificial intelligence

      ALKAN Telecom partners with Orbus Software

      The Markets Everyone’s Watching—Now on Stage at SBC Summit

    Gulf Eye News
    Home » BECO Capital Secures $20M Investment from SVC to Drive Innovation in Saudi Arabia’s Startup Ecosystem
    Business

    BECO Capital Secures $20M Investment from SVC to Drive Innovation in Saudi Arabia’s Startup Ecosystem

    Facebook Twitter Pinterest WhatsApp LinkedIn
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Dubai, United Arab Emirates –  BECO Capital, a leading early-stage venture capital firm, announced a $20M investment from SVC further strengthening its commitment to supporting the burgeoning Saudi startup ecosystem. The investment marks a key moment in BECO’s ongoing efforts to back the region’s most promising technology companies, with a specific focus on Saudi Arabia’s emerging market.

    “We’re thrilled to deepen our partnership with SVC, a respected institution whose mission aligns with ours: driving growth and innovation in Saudi Arabia’s technology sector,” said Dany Farha, Co-Founder and Managing Partner at BECO Capital. “This collaboration is a natural extension of BECO’s continued investment in Saudi startups and underscores our long-term commitment to the Kingdom’s entrepreneurial ecosystem.”

    A Track Record of Success in Saudi Arabia

    The investment from SVC aligns with BECO Capital’s active participation in the Saudi startup market in recent years, where the firm has been a lead investor in the Kingdom’s most promising technology startups. Recent investments include leading rounds in Brkz, a pioneering construction tech platform, and Ejari, an innovative PropTech company, and Mala, a Riyadh-headquartered FinTech startup.

    Managing Partner Yousef Hammad, a Saudi national, recently appeared on ‘Riyada’ on Al Arabiya, where he highlighted BECO Capital’s successful exits, including the recent 17x return on Property Finder. He discussed BECO’s investment strategy as well as its commitment to fostering a strong venture ecosystem.

    “Saudi Arabia remains a key focus for BECO, and we’re excited to contribute to the growth of its startup ecosystem,” said Yousef Hammad, Managing Partner at BECO Capital. “We see immense potential in Saudi entrepreneurs and are committed to helping them scale and drive innovation in this rapidly evolving market.”

    Driving Thought Leadership and Ecosystem Growth

    As part of BECO’s ongoing engagement with the regional ecosystem, Dany Farha recently participated in a panel discussion at the Future Investment Initiative (FII), where he spoke about the evolving fundraising environment and BECO’s 12-year journey in venture capital.

    BECO Capital’s investment strategy targets Seed to Series A startups, with Saudi Arabia representing a primary focus market. While sector-agnostic, the firm maintains clear investment theses across various sectors of interest and is currently publishing a comprehensive four-part series, Part I and Part II recently published here, examining the development and implications of AI in the region.

    The collaboration between BECO Capital and SVC represents a significant step forward in strengthening the regional startup ecosystem, combining BECO’s proven track record in identifying and supporting the next generation of innovative startups in Saudi Arabia.

    Dubai Dubai news local media Middle east news News UAE UAE media UAE News UAE News today UAE newspaper
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

    Business

    Tokio Marine Insurance UAE simplifies claims with Kodak Alaris’ AI-driven automation

    Business

    Tuum selected by Uptex Bank to power e-banking expansion in Middle East and Africa

    Business

    NTT DATA partners with Google Cloud to accelerate agentic AI adoption and cloud modernization for enterprises globally

    Business

    UPAC reports Q2 2025 financial results

    Business

    Du achieves major 5G-Advanced milestone, strengthening UAE’s network leadership

    Business

    Global Markets Stage at SBC Summit to Explore What’s Next for North America

    Business

    Riyadh Air signs global distribution agreement with Amadeus in preparation for take-off

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    Business

    Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

    Dubai, UAE: Mai Dubai has successfully gone live with SAP SuccessFactors (SAP SF), marking a major…

    Tokio Marine Insurance UAE simplifies claims with Kodak Alaris’ AI-driven automation

    Tuum selected by Uptex Bank to power e-banking expansion in Middle East and Africa

    NTT DATA partners with Google Cloud to accelerate agentic AI adoption and cloud modernization for enterprises globally

    UPAC reports Q2 2025 financial results

    Our Picks
    Business

    Mai Dubai showcases digital HR leadership powered by Moro Hub-SAP SuccessFactors alliance

    Business

    Tokio Marine Insurance UAE simplifies claims with Kodak Alaris’ AI-driven automation

    Business

    Tuum selected by Uptex Bank to power e-banking expansion in Middle East and Africa

    Business

    NTT DATA partners with Google Cloud to accelerate agentic AI adoption and cloud modernization for enterprises globally

    Business

    UPAC reports Q2 2025 financial results

    Step into the realm of news like never before with Gulf Eye News. Delve into a world of breaking headlines, in-depth analysis, and captivating stories that define the pulse of the Gulf region and beyond. As we embark on this journey together, your feedback, inquiries, and press releases are invaluable to us.

    Facebook X (Twitter)
    Categories
    • Business (410)
    • Politics (23)
    • Technology (82)
    • UAE (287)
    Our Picks
    UAE

    DWTC’s Ramadan Majlis features unique Iftar and Suhour experiences

    UAE

    UAE Announces the Groundbreaking of Mohamed bin Zayed – Joko Widodo International Mangrove Research Centre in Indonesia

    © 2025 Gulf Eye News.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.