BECO Cap­i­tal Pub­lishes List of MENA VCS, Predicts Mega Ex­its in 2019

Arabnet - The Quarterly - - Industry Stories -

BECO Cap­i­tal has pub­lished a list of the 109 play­ers in the MENA’S VC ecosys­tem, ar­rang­ing them in a for­mat based on the pe­ri­odic ta­ble of el­e­ments (a ta­ble of chem­i­cal el­e­ments ar­ranged by or­der of their atomic num­ber). VC play­ers in­clude re­gional and in­ter­na­tional firms, VC busi­nesses by re­gional con­glom­er­ates, tech ac­quir­ers, an­gel in­vestors, in­cu­ba­tors/ac­cel­er­a­tors, an­gel groups, and mi­cro VCS. Ac­cord­ing to Dany Farha, CEO of BECO Cap­i­tal, the re­gion will start to reap the ben­e­fits of th­ese long-term in­vest­ments by 2019 and start wit­ness­ing mega ex­its, in­clud­ing the re­gion’s first “uni­corns” (tech com­pa­nies ex­pected to break the $1 bil­lion val­u­a­tion ceil­ing). Cur­rently, VC play­ers are seek­ing to de­ploy the $150 mil­lion re­main­ing from the $250 mil­lion they raised over the past 3 years.

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