BECO Capital led a $15m Series C round in Fetchr.

BECO Capital, an early stage venture capital firm in the UAE, led a $15m Series C round in Fetchr, a logistics-on-demand company. Investors including BECO Capital, Tamer Group, CMA CGM and its logistics arm CEVA Logistics, are committed to support the company over the long term. "Retail, e-Commerce and individual customers can expect to see a competitively efficient and speedy operation that translates into lower costs and higher end consumer happiness. We have developed a great product mix for B2C, B2B and C2C clients and differentiate from traditional logistics companies by offering flexible cash solutions among other incentives. The positive impact brought about by Fetchr’s AI implementation and technology overhaul has also been matched by the recruitment of solid managerial talent that will take it towards a better future. We look forward to announcing new strategic partnerships with global service providers and large retailers, unveil our re-branding initiatives and to solidify our corporate culture by the end of this year," Hussein Wehbe, Fetchr CEO.