
Flat6Labs
Description
Flat6Labs is a prominent seed and early-stage venture capital firm and accelerator program, deeply rooted in the Middle East and North Africa (MENA) region. Established in 2011, it has grown to become a significant player in the regional startup ecosystem, focusing primarily on tech-driven startups across various sectors. Headquartered in Giza, Egypt, Flat6Labs operates through multiple offices and programs across the MENA region, including Saudi Arabia, the UAE, Tunisia, Lebanon, Jordan, Bahrain, and Morocco, with an expanding footprint into the broader African continent. Its model combines intensive acceleration programs with direct seed investments, aiming to nurture and scale nascent businesses.
The firm's investment strategy centers on providing crucial early-stage capital and extensive mentorship to promising startups. Flat6Labs typically offers an initial seed investment that ranges from approximately $50,000 to $150,000, depending on the specific program and startup needs. Beyond this initial capital, companies that demonstrate significant progress and potential can also receive follow-on funding, which can extend up to $500,000, supporting their growth through subsequent funding rounds. This structured approach helps startups navigate the challenging early phases of development, from product-market fit to scaling operations.
Flat6Labs has built an impressive portfolio, having invested in over 300 startups since its inception. This extensive network underscores its commitment to fostering innovation and entrepreneurship across diverse markets. The firm manages multiple seed funds, with a combined Assets Under Management (AUM) exceeding $85 million, reflecting its substantial financial capacity and long-term vision for regional economic development. Through its comprehensive accelerator programs, Flat6Labs provides startups with access to a vast network of mentors, investors, and corporate partners, significantly enhancing their chances of success and contributing to the vibrant growth of the tech landscape in the MENA region and beyond.
Investor Profile
Flat6Labs has backed more than 38 startups, with 17 new investments in the last 12 months alone. The firm has led 8 rounds, about 21% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Angel rounds (top funding stages).
- Majority of deals are located in Egypt, United States, United Arab Emirates.
- Strong thematic focus on Software, Artificial Intelligence (AI), Machine Learning.
- Led 2 rounds in the past year.
- Typical check size: $50K – $150K.
Stage Focus
- Seed (61%)
- Pre Seed (32%)
- Angel (3%)
- Series A (3%)
- Convertible Note (3%)
Country Focus
- Egypt (50%)
- United States (11%)
- United Arab Emirates (11%)
- Saudi Arabia (8%)
- United Kingdom (3%)
- Estonia (3%)
- France (3%)
- Spain (3%)
- Bahrain (3%)
- Germany (3%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Machine Learning
- Education
- Information Technology
- Sustainability
- Financial Services
- E-learning
- Medical
- Logistics
Frequently Asked Questions
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