Founded in 2012, BECO Capital is one of MENA’s leading venture capital firms, with more than $820 million in assets under management across early-stage and growth funds. Over the past decade, the firm has backed some of the region’s most defining technology companies, including Careem, Property Finder, and Kitopi.

Their decision to establish a presence within COLABS reflects a shared belief that company building is becoming increasingly ecosystem-driven, with founders, operators, investors, and creatives choosing to work in closer proximity to one another.

Located in Al Narjis, COLABS was designed as more than a traditional workspace. The campus functions as an innovation community built around the idea that ecosystems are shaped by people, access, knowledge-sharing, and community.

By joining COLABS as a founding member, BECO becomes part of a growing network of companies and operators building from within the campus. Over the coming months, both organisations will work together on founder-focused programming and community events centred around building and scaling in Saudi Arabia.

As Saudi Arabia continues to emerge as one of the region’s most important technology markets, partnerships between capital and community are becoming increasingly important to how ecosystems mature.

BECO’s presence at COLABS Narjis signals a shared belief that the future of company building in the Kingdom will be shaped not only by access to funding, but by the environments where ambitious founders gather, build, and grow together.