BECO Capital Leads a Series A Round for Bayzat (MENA)

Source: BECO Capital

BECO Capital, a venture capital firm focused on technology investments in the Gulf Cooperation Council countries, has led a AED3.7 million (approximately US$1 million) Series A investment round in Bayzat, a United Arab Emirates-based medical insurance technology startup. The round also included a series of undisclosed private investors. Bayzat will use the funds to accelerate its growth and expand its services across the United Arab Emirates.