Hope Ventures co-invests in Beto Furniture’s USD 106,000 Investment round

  • Date: 01-Mar-2022
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Bahrain
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Hope Ventures co-invests in Beto Furniture’s USD 106,000 Investment round

Hope Ventures, the investment arm of Hope Fund, co-invested alongside the private sector in a high-quality furniture business specializing in modern, minimalistic designs for affordable prices, in a USD 106,000 investment round made on the final episode of its show, manufactures all of its products in-house in the Kingdom. With a vision to expand beyond Bahrain, the business offers a wide range of furniture combining elegance and comfort with functionality and affordability, while adopting a consumer-first mind-set. utilizes wood and iron to craft pieces including wardrobes, TV units, and more. Hope Ventures offered a joint investment alongside Khaled Al Hammadi from Dividend Gate Capital. Additionally, Hope partnered with BMMI to support the business with regional distribution as part of its onoging goal to enter regional markets. was also invited to join the Entrepreneur Organization Accelerator, offered by Mohamed Al Aali Commenting on the joint investment, Ahmed Hameed, Founder of , said: “Given the recent boom in minimalist furniture, is designed to meet the needs of customers who want to stay within their budget and buy high-quality pieces made with durable materials. This investment from Hope Ventures and Dividend Gate Capital will open doors for our business to grow not only