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AI + Innovation (MENA) 
Infrastructure 
Beco Capital launches USD 120 mn early-stage fund and USD 250 mn growth fund for Gulf startups
The raise includes the USD 120 mn Beco Fund IV, the firm’s fourth early-stage vehicle, and a USD 250 mn…
Iliad Partners set up USD 50 mn fund to invest in UAE and KSA startups
The fund will focus on early-stage startups, and has OTO and Penny software as part of its portfolio