Innotech is an Oman-based construction-technology startup that automates the construction process using additive manufacturing to reduce cost, accelerate timelines, and lower carbon emissions. The company was founded by Othman Al Mandhari. Its core product line focuses on additive manufacturing solutions for the construction industry. In November/December 2023 the company secured external funding via a $500,000 investment announced on the Beban TV show. The funding comes from Hope Ventures alongside private-sector investors Mrs. Areej Mohsen Darwish and Dr. Lamya Mahmood, and backers have committed to supporting Innotech’s growth and expansion. The Beban platform matched Innotech with investors and provided pitch and negotiation preparation ahead of the investment announcement.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2024