Omani contech Innotech wins $500,000 during Beban TV show

Omani contech Innotech wins $500,000 during Beban TV show

Oman-based contech Innotech, has raised $500,000 in investment from Hope Ventures, alongside private sector investors Mrs. Areej Mohsen Darwish and Dr. Lamya Mahmood, during the Bahraini TV show "Bebean.”

Founded by Othman Al Mandhari, Innotech automates the construction process using additive manufacturing to reduce the cost, speed up the process, and reduce carbon emissions in the construction industry.

Beban is a Bahraini private-public investment platform backed by Hope Ventures, with partnerships with the Khalifa Fund for Enterprise Development (UAE), the SME Development Authority (Oman), GFH Capital (KSA), Zain Kuwait and the Sabah Al Ahmad Centre for Giftedness and Creativity (Kuwait), and the Labour Fund Tamkeen (Bahrain).

Press release:

Hope Ventures, the investment arm of Hope Fund and producer of the Beban TV show, co-invests $500,000 in Omani business Innotech, alongside private sector investors Mrs. Areej Mohsen Darwish and Dr. Lamya Mahmood, on the third episode of Beban Season 3, which aired on the region’s first and biggest video-on-demand platform ‘Shahid’ for free, Oman Culture TV, Bahrain TV, SBC Channel, AlRai TV, and Abu Dhabi TV.

During the third episode, Innotech, an Omani startup that automates the construction process using additive manufacturing to reduce the cost, speed up the process, and reduce carbon emissions in the construction industry,.

Othman Al Mandhari,