Hope Ventures Co-Invests USD 48k Alongside Dr. Wissam Fahed in Coffee Upcycling Startup ‘ReQahwa’ through Beban Season 3 Episode 7

Hope Ventures, the investment arm of Hope Fund, announces its co-investment in Bahrain-based business ‘ReQahwa’ during the seventh episode of the entrepreneurship-themed reality television show and the region’s 1st private-public investment platform ‘Beban.’

Through Beban, ‘ReQahwa’ a Bahrain-based coffee upcycling startup that transforms coffee waste grounds into sustainable and bio-degradable products, co-founded by Hamad Alrowaish and 3 co-founders, fundraised USD 48k from Hope Ventures and Lebanese investor Dr. Wissam Fahed who is a professor at LAU, the president EO Lebanon, and the CEO of Fahed Retail Holding.

As an investment firm, Hope Ventures invests in scalable businesses that are deeply rooted in their commitment to building value with forward-thinking founders who revolutionize their respective sectors. The firm offers strategic capital to accelerate the growth of its portfolio companies to new markets through its vast resources of private and public partners as well as a regional network of industry-expert mentors.

On Beban, Hope Ventures is represented by H.E. Aymen bin Tawfiq Almoayed, Chairman of Hope Fund, who also moderates the episode. Hope Ventures’ investment in ReQahwa reflects its commitment to investing in forward-thinking founders with innovative businesses that solve existing challenges and have plans to grow and expand on a regional level.

Commenting on their investment, Hamad Alrowaish, Co-Founder and CEO of ReQahwa, shared: “I am thrilled to announce that ReQahwa has successfully raised USD 48k in funding from Hope Ventures and Dr. Wissam Fahed through Beban TV show, propelling us toward a future where sustainability and innovation go hand in hand. As a university student entrepreneur, I am deeply passionate about creating positive change, and our mission to transform coffee waste grounds into sustainable and bio-degradable products is a testament to that commitment.”

He added: “At ReQahwa, we believe that every challenge presents an opportunity. With the staggering amount of coffee waste generated, we saw untapped potential; by harnessing the power of innovation and sustainability, we have developed a groundbreaking process that converts coffee grounds into a wide range of eco-friendly products.”

It is noteworthy to mention that the Beban TV show is the region’s 1st private-public investment platform through its formed partnerships with Khalifa Fund for Enterprise Development (United Arab Emirates), the SME Development Authority (Sultanate of Oman), GFH Capital (Kingdom of Saudi Arabia), Zain Kuwait and Sabah Al Ahmad Center for Giftedness and Creativity (Kuwait), and the Labor Fund Tamkeen (Kingdom of Bahrain).

Beban season 3 was filmed in the Middle East’s newest exhibition and convention center, Exhibition World Bahrain (EWB), and showcases 41 businesses from across the MENA region as they pitch in front of a panel of regional, reputable investors for equity investment and strategic business development opportunities that can accelerate the growth of these businesses into new markets.

A new episode of Beban will air every Wednesday of this month on Bahrain TV at 6 PM (+3GMT), Oman TV Cultural at 9:10 PM (+3GMT), AlRai TV at 9:30 PM (+3GMT), SBC Channel at 10 PM (+3GMT), Saturday at 5:30 PM (+3GMT) on Abu Dhabi TV, or anytime on Shahid.

To stay up to date with Beban, make sure you follow the show’s accounts on social media @bebanme.

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