‘Hope Ventures Partners with Dr. Wissam Fahed to Invest k in ReQahwa Coffee Upcycling Startup via Beban Season 3 Episode 7’
Hope Ventures, the investment arm of Hope Fund, recently announced its co-investment in the Bahrain-based business ‘ReQahwa’ during the seventh episode of the entrepreneurship-themed reality television show and the region’s first private-public investment platform ‘Beban.’
Through Beban, ‘ReQahwa,’ a coffee upcycling startup in Bahrain that converts coffee waste grounds into sustainable and bio-degradable products, received funding of USD 48k from Hope Ventures and Lebanese investor Dr. Wissam Fahed. Dr. Wissam Fahed is known for his roles as a professor at LAU, the president EO Lebanon, and the CEO of Fahed Retail Holding.
As an investment firm, Hope Ventures focuses on investing in scalable businesses with forward-thinking founders who are committed to building value. The firm offers strategic capital to accelerate the growth of its portfolio companies into new markets by leveraging its private and public partners as well as a network of industry-expert mentors.
Represented by H.E. Aymen bin Tawfiq Almoayed, Chairman of Hope Fund, on Beban, Hope Ventures’ investment in ReQahwa highlights its dedication to supporting innovative businesses that address current challenges and have plans for regional expansion.
Hamad Alrowaish, Co-Founder, and CEO of ReQahwa expressed his excitement about the funding, stating, “I am thrilled to announce that ReQahwa has secured USD 48k in funding from Hope Ventures and Dr. Wissam Fahed through Beban TV show. This investment will propel us towards a future where sustainability and innovation align. Our mission to convert coffee waste grounds into sustainable products reflects our commitment to creating positive change.”
Alrowaish added, “At ReQahwa, we see every challenge as an opportunity. By harnessing innovation and sustainability, we have developed a process that transforms coffee grounds into eco-friendly products.”
Beban TV show is the Middle East’s first private-public investment platform, formed partnerships with various organizations across the region. Season 3 was filmed at Exhibition World Bahrain (EWB) and features 41 businesses from the MENA region pitching to a panel of investors for equity investment and strategic business development opportunities.
To catch the latest episodes of Beban, tune in to Bahrain TV, Oman TV Cultural, AlRai TV, SBC Channel, or Abu Dhabi TV. Alternatively, episodes can be watched anytime on Shahid. Stay updated by following @bebanme on social media.
