Hope Ventures and Private Investors invest $1.5mln in YAS Holding and RestHero


Hope Ventures and Private Investors invest $1.5mln in YAS Holding and RestHero

Manama, Bahrain – Hope Ventures, the investment arm of Hope Fund and producers of Beban TV show, co-invests USD 1.5m in YAS Holding and RestHero, alongside the private sector on the fourth episode of Beban Season 2, which can be streamed on Shahid platform for free, or watched at 6 PM on Bahrain TV and 9:30 PM on Alrai TV.

On the fourth episode, YAS Holding, a group holding company that manufactures and supplies furniture with a focus on closets and kitchens, co-founded by Yasser Shuaib and Ali Al-Haddad, raised USD 1.3m from Hope Ventures and Mr. Majed Alkhan representing Infracorp, the social infrastructure group recently established by GFH group. While RestHero, a B2B SaaS solution that optimizes sales through social media, co-founded by Dr. Abdulla Alshimmari and Ahmed Khalifa, raised USD 200k from Hope Ventures and Saudi investor and co-founder of Riyadh Angel Investors, Dr. Khalid Al-Taweel.

Fajer Al Pachachi, General Manager at Hope Ventures, said: “I am excited about the co-investments that occurred in this episode, as they represent a true attestation to the efficacy of Beban’s mission in matchmaking high-potential businesses with strategic investors who can accelerate their growth with their expertise.”

She further added: “Ali and Yasser have built

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