Hope Ventures co-invests in Dallaspresso alongside the private sector in a USD 212,000 investment round

Hope Ventures co-invests in Dallaspresso alongside the private sector in a USD 212,000 investment round

Hope Ventures, the investment arm of Hope Fund, jointly invested in , a Bahraini business that specializes in localized coffee and tea capsules, in a USD 212,000 investment round that took place on the Food and Beverage-themed second episode of . has a vision to expand its business regionally with its products already being sold in Kuwait and Oman. The business fills a gap in the market as it develops unique capsules with coffee flavors ranging from Arabic to Turkish and European as well as popular drinks including saffron and many others. Commenting on the joint investment, Mr. Ali Mohsin, Founder of , said: “As a long-time coffee lover, it was important to launch a business that exhibited a unique Arabic flavor profile. has garnered the attention of investors as they also believe in the potential of this large and promising market. The investment will enable us to take the business towards greater success and achieve our goal of reaching global markets.” Hope Ventures General Manager, Fajer Alpachachi, said: “Ali showcased strong implementation capabilities as he was able to turn his passion into a successful business with high potential for scalability through distribution and export. Catering to a growing industry