BeVentures, the venture capital arm of Bapco Energies, has signed a strategic agreement with Kanoo Industrial and Energy to accelerate the development of innovative energy technologies.
The collaboration aims to strengthen Bahrain’s role as a hub for energy startups and solutions by creating a robust platform for investment.
Under the agreement, BeVentures and Kanoo Industrial and Energy will identify and share investment opportunities across the GCC and wider Mena region.
The partnership will also explore co-investment and pilot projects to test and scale new technologies, positioning Bahrain as a sandbox for energy innovation.
“This partnership is an important milestone in our journey to build an ecosystem that drives innovation in energy,” said BeVentures chief executive officer Areije Al Shakar.
“Kanoo Industrial and Energy’s reputation and regional reach make them an ideal partner.”
Kanoo Industrial and Energy chairman Ali Abdulla Kanoo said the collaboration is a “commitment to shaping Bahrain’s energy future,” combining his company’s legacy with BeVentures’ focus on innovation.
The signing ceremony was attended by senior officials from both parties, including Bapco Energies Group chief executive officer Mark Thomas.
&uuid=(email))