Our mission is to provide talented entrepreneurs with capital and mentorship in order to accelerate growth, create jobs, capture opportunities, foster success, build wealth and develop role models in our society.
We aim to support the technology revolution in the Middle East through investing in smart, early stage internet and mobile companies in the MENA region, founded by amazing entrepreneurs that are creating transformational solutions that solve large regional problems.
BECO TEAM FACTS
The premier property portal in the Middle East
Career portal and course discovery marketplace
A marketplace to buy and sell great stuff
Mobile restaurant discovery platform
Healthcare insurance comparison and management platform
OUR FLIGHT RECORD
Our solid, diverse experience in the venture capital, technology, entrepreneurial and financial sectors, allow us to support our investment companies across an array of activities, allowing them to create value much faster, while having a partner they trust throughout their journey.
DANY FARHACEO & MANAGING PARTNER Dany is a successful serial entrepreneur and investor, with many exits from ventures in a variety of industries. Dany co-founded and exited Bayt.com, the Middle East’s largest job site, Butlers, the UAE’s largest commercial laundry company and Intercat, one of the largest catering companies in the UAE. Dany was a seed investor in Gonabit, a Middle East focused daily deal website that was acquired by Living Social in 2011.
AMIR FARHAMANAGING PARTNER Amir is a successful serial entrepreneur, investor and mentor. He has looked at early stage businesses from every angle, starting at CLS Capital Partners, a Corporate VC firm based in London, followed by what was then the first seed capital fund in the MENA region, the Arab Business Angel Network, before becoming an entrepreneur himself. Amir has co-founded a number of local businesses, including Toolman, a property maintenance company; Purple PR, a PR agency, and Tandem Partners a startup and small business advisory firm. He holds a BSc in Computer Information Systems and an MSc in Management from the University of Bath.
ALVARO ABELLAMANAGING PARTNER Before and after his MBA from MIT Sloan School of Management in 2003, Alvaro worked as a management consultant for various firms such as Booz & Co and Diamond Cluster (now Oliver Wyman). He joined Gulf Capital at its inception in 2006, one of the largest alternative investment companies in the GCC with over US$ 1 billion of assets under management, responsible for its TMT investments conducting all investment activities with a prime focus on post-acquisition.
SORUSCH AMIRIASSOCIATE Before joining BECO, Sorusch was a Summer Associate at Earlybird Venture Capital in Germany. Prior to that, he founded a venture-backed travel tech company in 2011 called Rentudo Inc. Sorusch has also been involved in the startup ecosystem in New York, working as an intern for Union Square Ventures portfolio company, Zemanta Inc., while studying Economics at Columbia University, where he was a John Jay Global Scholar.
YOUSEF HAMMADASSOCIATE Prior to joining BECO, Yousef held various roles with General Electric, most recently as a Commercial Operation Director for GE’s Aviation business, responsible for managing sales campaigns for Saudia Arabia and Turkey. Before that, Yousef worked in the GE & Mubadala $5bn joint venture. He also co-founded multiple businesses in Saudi Arabia: Cafe Arab, an artistic social space and coffee shop; Eventana, a corporate event management firm and Chemya, an industrial chemicals and lubes distributor. Yousef has also been an active angel investor over the past few years where he invested in multiple startups, regionally and internationally.
I have been approached by many young people who ask me about job prospects, career development plans, further education and other things to get guidance on how to develop their own career. Most of them believe that one day they will become entrepreneurs and “be their own boss” and are looking to get an experience to help them reach that goal.read more