Events Archives - Page 2 of 3 - Flat6Labs

ACCELERATING THE FUTURE

DisruptAD and Flat6Labs Launch Ignite In Abu Dhabi, an AED 120m Seed Program

DisruptAD, one of the region’s largest venture platforms, is partnering with Flat6Labs, MENA’s leading seed investor and the largest manager of startup programs in the region, to launch Ignite, a new start-up accelerator in Abu Dhabi that will support early stage companies with AED 120 million in funding and other benefits including office space and mentorship.

The program is part of DisruptAD’s broader mission to support and nurture 1,000 start-ups over the next five years and create a thriving local community of founders, fund managers, incubators and accelerators in Abu Dhabi. Ignite will be the first of many such accelerator partnerships for DisruptAD.

The launch of Ignite in partnership with Flat6Labs underpins DisruptAD’s long-term desire to maximize value creation and deliver long-term economic benefits for the UAE by seeding businesses that are technology pioneers and change leaders.

The program will run over a three-year period, investing in 20 startups every year. Applications for the first cycle will be open until 30th of April 2021, offering participating companies the opportunity to benefit from a seed investment worth up to AED 550,000, together with follow-on funding of up to AED 2 million. Startups will also receive tailored support designed to help them effectively scale and grow their businesses to become regional champions and ultimately global champions.

As part of the Ignite program, startups will benefit from opportunities for regional exposure and world-class mentorship through Flat6Labs’ international connections and top-tier coaching. These companies will also enjoy access to DisruptAD’s network and resources. The program will organize Flat6Labs Demo Days, support fundraising and business build out, and ultimately offer the full spectrum of support needed for start-ups to thrive and flourish in Abu Dhabi.

Ramez El-Serafy, Flat6Labs CEO, commented: “We are delighted to partner with DisruptAD for the launch of this three-year program. Flat6Labs’ presence in Abu Dhabi opens up exciting new possibilities, not only for this program but for the long-term evolution of Abu Dhabi as a global start-up destination. Together, we will harness our accumulated knowledge and experience to better serve the entrepreneurial ecosystem and create unique opportunities for promising startups.”

To find out more about Flat6Labs Ignite, please visit this link.

Flat6Labs Launches New Global Brand Identity

Flat6Labs, MENA’s leading seed and early stage VC, and manager of startup programs in the region, introduces a new streamlined visual brand identity and a new unified website. Given Flat6Labs expansive operations and impact across MENA over the past 10 years, the new brand identity is launched to ensure a consistent and enhanced experience for entrepreneurs, partners and investors alike across the region. 

 

As part of the unified brand language, Flat6Labs will now be identifying its flagship VC-backed programs as “Seed Programs” instead of “Accelerator Programs”, while still offering ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages.

 

Flat6Labs also manages a  wide range of startup programs across the region, from bootcamps and incubation programs helping entrepreneurs spark and develop venture concepts, all the way to bespoke corporate accelerator  programs in different industry verticals enabling startups to build prototypes, and helping them access their target markets.

 

Ramez El-Serafy, Flat6Labs CEO commented: “Launching this new and unique brand identity is far from just a visual change. We are streamlining our operations across all our offices in MENA, bolstering our efforts to support more innovative entrepreneurs, and laying the groundwork for exciting developments in our offerings to startups and partners that we will announce very soon.”

 

With an active presence in six countries, Flat6Labs has invested in more than 300 startups to date with a combined investment value of around $35M, creating more than 8,000 jobs across a wide range of industries. Flat6Labs is currently managing a number of seed funds with total assets under management (AUM) exceeding $45M, with more than 20 leading institutional investors and Limited Partners (LPs).

To download the new Flat6Labs brand kit click here.

Flat6Labs Cairo Graduates Eight Startups At Its Spring 2020 Digital Demo Day

Flat6Labs Cairo, the leading Startup Accelerator in Egypt, helds its Spring 2020 Demo Day with eight new startups graduating from its first cycle of fiscal year 2020.

Flat6Labs Cairo’s Spring 2020 cycle commenced on February 16th in 2020 and welcomed eight promising new teams, filtered from around 1000 applications, who are now excited to launch their businesses to the general public. This cycle has entrepreneurs coming from all across Egypt and the startups are working across various industries, from Fintech, E-commerce, Logistics, and SaaS, to Artificial Intelligence, on-demand car services, Freelance Marketplace, and Bio materials, offering innovative technological solutions set to disrupt the market.

The eight innovative startups presented their projects online in front of thousands of viewers including local and regional investors, mentors, reputable technology experts, top entrepreneurs, and influencers from the region, and press, who are keen on witnessing the progress of the start-ups and the latest innovations in the region.

“We’re extremely happy to be graduating this latest batch of 8 startups, and cannot wait to see how they’ll continue to scale their businesses to a new level post Demo Day”. — Ramez El-Serafy, CEO of Flat6Labs“Our startups have been extremely resilient through a cycle that overlapped with COVID-19. They have developed and adapted their solutions to the pandemic. Personally, I am extremely proud of them.” — Marie-Therese Fam, Managing Partner of Flat6Labs Cairo

In 2017, Flat6Labs Cairo partnered with four anchor investors; the International Finance Corporation, MSME Development Agency, Egyptian American Enterprise Fund, and Egypt Ventures, as limited partners, to launch a new phase of the Flat6Labs Cairo Accelerator Program. Flat6Labs Accelerator Company (FAC) aims to fund 100+ innovative startups across Egypt, with a focus on tech-enabled solutions, during its five years of investment period. Since the launch of the FAC fund, Flat6Labs Cairo has received over 4,500 applications, trained more than 450 founders, ran 6 cycles, and invested in 52 startups.

Flat6Labs Cairo fosters and invests in bright and passionate Egyptian entrepreneurs with cutting-edge ideas, and supports them by providing access to a vast network of local and international investors, industry experts, partners and corporations. Every six months, Flat6Labs Cairo provides seed capital to eight to ten new startups, each company receives from EGP 500K to EGP 750K in funding for up to 10% equity. Flat6Labs Cairo has so far trained and funded 106 startups — including “legacy” startups that have graduated from the program since its launch in 2011.

The eight graduating startups that showcased their technologies and business ideas at Flat6Labs Cairo Spring 2020 Demo Day include:
  • 3atlana :  a mobile application that offers car services on the go and connects users to trusted service providers.
  • Bosla : a voice analytics software that analyses human behavior.
  • CreditGo : a payment aggregator for Small Businesses.
  • Inploy : an online marketplace that connects businesses to premium freelance talent & SME’s.
  • Mycelium : transforming agriculture waste into new material that replaces plastic and synthetic wood.
  • Opio : a digital Women’s fashion brand.
  • Tayar : Fleet Management SaaS powered by AI to automate and optimize home delivery operations for businesses.
  • Wedel : an on demand shipping and delivery hailing mobile application.

Check out the Demo Day and our startups here

Flat6Labs Tunis Hosts Its Fifth Demo Day & Graduates 8 Startups Digitally

Flat6Labs Tunis has proudly celebrated it’s fifth Demo Day on Wednesday May 13th at 2 PM Tunis time / 1 GMT online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.

The fifth cycle includes startups operating across a range of industries including Industry 4.0, Automotive, Marketplaces, Robotics, Education, FinTech and Tourism. All startups have technology at their core and ready to showcase their products to potential investors, media and the larger business community.

You can view and connect with the startups here: https://demoday.flat6labstunis.com/.

The accelerator has strategically worked to expand its network by constantly promoting new partnerships with stakeholders in the public and private sectors. Its main partners are Meninx Holding, the Tunisian American Enterprise Fund (TAEF), BIAT Bank, as well as the International Financial Corporation (IFC) who joined the fund last year. The recent partnership with IFC includes an investment of $1M in the Anava Seed Fund managed by Flat6Labs Tunis to encourage women and youth initiatives, in addition to technical support to the accelerator.

During the past 3 years of operations, the startup accelerator and investment fund has reached many important milestones that include supporting its portfolio by securing follow-on funding, creating jobs, increasing awareness about entrepreneurship and supporting startups across the local ecosystem in Tunisia.

Flat6Labs Tunis has received more than 1,500 applications, but only 36 Tunisian Startups were chosen for our five cycles and they were the ones who graduated from the program with an initial investment of 200,000 TND, in addition to technical perks, rigorous training, coaching, access to an extended network of investors that enhanced their business development and their products and services.

Moreover, the accelerator played a major role in inspiring young people towards entrepreneurship by engaging with the community and partnering with local universities and professional organizations with a major focus on entrepreneurship such as Open Startup Tunisia and Enactus, as well as corporates like E&Y and Meubles Intérieurs.

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Flat6labs Tunis also organized large events such as Startup Open Doors which gathered more than 100 startups across the country during the Global entrepreneurship Week. Flat6Labs also hosted a Job Fair in collaboration with the Facebook Developers Circle where 35 startups offered more than 100 jobs to 500 participants. And last year, Flat6Labs Tunis launched the Investor Academy, an initiative focused on creating awareness about investment in innovation and startups specifically focusing on Business Angels.

Subscribe to the event: https://demoday.flat6labstunis.com/

Flat6Labs Bahrain Hosts A Digital Demo Day & Graduates Cycle Four Startups

Flat6Labs Bahrain held its fourth Demo Day, also its first Digital Demo Day for its 4th Cycle on the 6th of May, 2020, where 7 innovative startups presented their businesses virtually to hundreds of registered online attendees.

The 4th Cycle included startups addressing problems with unique solutions across an array of industries including Telehealth, Education & Student Services, F&B, Lifestyle Applications, Fashion Tech, Exergaming, and Fitness Applications. All of the startups have technology at their core and are ready to showcase their product to potential investors, the media and the greater business community. Registration for the digital event can be made at:

The graduation of the latest batch means that Flat6Labs Bahrain has successfully completed four Cycles since its launch in March 2018. Within its 2 years of operations, the accelerator has reached several milestones which include job creation, supporting startups & the local ecosystem, raising awareness on entrepreneurship in the country, engaging with youth and women through community engagement activities, supporting its portfolio with securing follow-on funding and more.

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Out of 1,100+ applications that were received by Flat6Labs Bahrain, a total of 28 companies both Bahraini and international have graduated from the programme with a USD $32K seed investment, as well as rigorous training, coaching and mentoring that have enhanced their business development and product/services offered. Several of these have gone on to receive much traction and become renowned names in the Kingdom’s startup ecosystem such as Inagrab, Telp, Sinc, Majra, Tamarran, Akalati and Springring. Through its expansive network of VCs in the region which include Faith Capital, 500 Startups and Arzan VC; the accelerator has successfully supported several of its portfolio companies in raising a collective sum of USD $1.6 Million in follow-on funding; over a 2x multiplier of the initial invested amount.

Flat6Labs Bahrain has also contributed to economic growth in the country through not only investing in innovative & youth led businesses, but in job creation as well. Together with its 28 companies, 100+ full-time jobs and 70+ internships have been created. Furthermore the accelerator has played a key role in inspiring youth towards entrepreneurship through its community outreach by partnering with all the local universities and professional institutes and conducting workshops to educate the public on how to approach launching a startup , offering its space for free for ecosystem events, participating in key ecosystem activities, mentoring through programmes such as Injaz, Mashroo3i and Intelaaq, speaking at panel discussions related to startups, youth and women, sponsoring prizes in startup competitions by offering a seat in the Cycle Bootcamps, and organising its own community events such as its Women in Startup panel during GEW 2019.

The accelerator has worked strategically to expand its network by consistently fostering new partnerships with public and private sector stakeholders. Its two main partners are Tamkeen and EDB, however Flat6Labs Bahrain has also forged over 40 partnerships which include Zain Bahrain, its official Telecom Partner, AWS, Microsoft, GAN, Bahrain Fintech Bay, Tenmou, Charles Russell Speechlys, BIBF, Ahlia University, University of Bahrain, Royal University for Women, Arabian Gulf University, and many more.

Pakiza Abdulrahman, Head of Startups at the Bahrain EDB, said: “Flat6Labs Bahrain is a key contributor to the Kingdom’s fast-growing startups ecosystem. It achieves tangible results for its portfolio companies — whether they be innovative homegrown, Bahraini startups or international entrepreneurs seeking a regional base to grow and scale their ideas and businesses. These local and international startups are the backbone of our ecosystem. I look forward to congratulating many more Flat6Labs Bahrain graduates in the years to come.”

Check out the Demo Day and our startups here.

The Flat6Labs-Powered StartEgypt Hosts Its 2020 Forum

StartEgypt, the pre-acceleration incubation program, established to inspire and support thousands of Egyptian entrepreneurs in the field of social impact enterprises, held its second annual forum to showcase its 45 graduating startups, from all over Egypt incubated in Cairo, Assiut, and Alexandria during 2019.

StartEgypt Forum is an annual showcasing event that presents the incubated startups culmination of efforts during the previous year. The startups get the opportunity to present their businesses to investors, leading business professionals, government officials, press, and coaches & mentors to expand their business connections in order to take their ideas to an even more advanced stage.

The four-month incubation program, funded by the United Kingdom’s Department for International Development (DFID), supported by the International Finance Corporation (IFC), a member of the World Bank Group, and powered by Flat6Labs, provides training, educational mentorship, and coaching by industry leaders. As well as, technical and business support to social impact startups in the fields of Education, Agriculture, Healthcare, Renewables, Environment, Transportation, Financial Inclusion and Marginalized Communities.

The program had originally launched in Cairo in 2017, with the first cycle starting in June, 2018. After their launch in Cairo, StartEgypt recognised the potential that entrepreneurs in non-centralized cities had. Therefore in 2019, the program has expanded to Assiut and Alexandria, graduating 45 social impact startups over the course of two cycles in Cairo, two cycles in Assiut, and one cycle in Alexandria, with entrepreneurs coming from all over Egypt, and startups working across various industries offering innovative solutions to disrupt the market.

Hassan Mansi, StartEgypt Program Director, said: “I am extremely proud of the efforts exerted in this program, we have undergone an amazing journey with amazing achievements. To date we have executed more than 45 events, reaching out to over 15,000 participants, partnering with caliber community partners in the ecosystem, receiving over 4,000 applications, and finally incubating 72 competitive startups from across Egypt. Moving forward, the whole team is excited and ready to increase the efforts to excel and reach out to more entrepreneurs across Egypt and inspire them into this new promising futuristic market in Egypt.”

The Forum is designed, along with showcasing the incubated startups, to provide an outstanding experience for over 1,000 guests interested in entrepreneurship, starting with a morning Startup Huddle, engaging activities like the Fight Club Competition and Ecosystem Activation Game, exceptional panel discussions about Female Founders and Impact Investment, and different hands-on workshops provided by Google, Dell Technologies, Cleopatra Hospitals, and Shell.

Eleven startups, out of the 45, have been qualified to end the day with a thrilling pitch competition in front of a judging panel for a chance to win EGP 200k in total, awarded to the following top 5 startups:

  • 1st Pyro awarded EGP100K
  • 2nd Biofeedx awarded EGP50K
  • 3rd Mycelium awarded EGP20k
  • 4th Banalistic awarded EGP10K
  • 5th Shalta awarded EGP10k

The eleven social impact startups come from a variety of industries and use different technologies, including:

  • Mycelium: A biotechnological company that grows eco-friendly biodegradable bio polymer (mycelium) on agriculture waste to make sustainable products that can replace the plastic in the field of packaging, construction, and furniture.
  • Shetla: A mobile application that assists farmers in agricultural operations, irrigation and fertilization and the detection of diseases.
  • Smart Farm: Utilises unused roofs across urban areas to make way for a small roof garden that provides food for the tenants.
  • Hadotopia: Hadotopia offers a plethora of content including stories and information for all ages. Content is offered in traditional arabic, slang arabic, and english. The platform targets parents in an effort to help them educate their children.
  • Mashro3i: A website platform that connects student’s graduation projects with entities that helps them to commercialize it.
  • Banlastic: Banlastic introduced the eco-friendly shopping bag(cloth): an alternative to the plastic shopping bag, which will be a strong starting point for people to stop consuming single use plastic bags which has a very adverse impact on the environment as each Banlastic bag is reusable.
  • Ero: Ero is a waste management startup that was initiated to create innovative solutions for paper leftovers. We collect, recycle and produce paper commodities to substitute environmentally irresponsible materials. Ero is a Finnish word for difference, which is what we plan to create.
  • Pyro: Pyro offers an on-site customized Pyrolysis system which works on any agricultural waste to generate bio-charcoal. The system takes in the cellulosic agricultural wastes and produces bio-charcoal as briquettes.
  • Biofeedx: A wearable gadget that accurately measures the muscle’s electrical activity during workout. The measured data is visualized on the user’s mobile app in a gamified visual feedback (mobile phone game). The app sends a report to the coach/doctor about the user’s performance with the ability of the coach/doctor to modify the user’s training parameters. It also allows current physiotherapy access and monitors a larger number of patients, reduces the cost of rehabilitation on patients and offers a more efficient and objective way of remote patient monitor rather than home care which accelerates the healing process.
  • i-Sew: A mobile app that connects the disabled community with fashion designers who want to make their designs in a professional, cost effective manner in a short time. We help involve people with disabilities in our society while providing a reliable income they could live off. SDS offers a workshop space where disabled people assist designers in creating their products.
  • Naql Misr: A digital online platform for providing logistics transport services to serve individuals and commercial and industrial institutions through the operation section to management and operate a fleet of different transport trucks.

Flat6Labs Hosts First Regional Demo Day

Flat6Labs hosted its First Regional Demo Day during ArabNet Riyadh on December 10, 2019, which took place at the Riyadh International Convention & Exhibition Center. The Regional Demo Day is a first of its kind for Flat6Labs on a regional level, following more than 30 successful local Demo Days across Flat6Labs locations in Egypt, KSA, UAE, Lebanon, Tunis and Bahrain.

The Regional Demo Day showcased 18 investor-ready, high-growth, scalable startups from Cairo, Beirut, Tunis and Bahrain , who presented their products and services to a select audience of potential investors and the media from Saudi Arabia, the MENA region, and the international entrepreneurial community.

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The selected Flat6Labs startups were handpicked from a pool of 240+ startups from the past 30+ cycles, providing them with the opportunity to scale and expand into the MENA region and beyond.

The startup founders and teams were tackling solutions across an array of industries including Clean Technology, E-commerce, Ed Tech, Health Tech, IoT, SaaS, Logistics, Recruitment, Sports Tech, among others.

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Flat6Labs startups go through several stages before they are selected to become a fully developed startup, powered by Flat6Labs funding, network and expertise. They also have the privilege of using the Flat6Labs office space as their own, where they are connected to mentors, consultants, investors, business workshops, training sessions and perks, amongst many others.

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The First Regional Demo Day solidifies Flat6Labs’ aim to accelerate the growth rate of entrepreneurship in MENA, and to provide a steady pipeline to the region’s rapidly-growing venture capital ecosystem.

Flat6Labs’ mission is not only to serve startups as an early stage investment vehicle, but much more than that: we are our startups’ institutional partner. As Flat6Labs’ footprint and impact grows across MENA and even beyond, we make sure that this leading stance within the region directly helps our startups and partners to achieve their goals in reaching their customers and scaling across their required markets” said Ramez El-Serafy CEO at Flat6labs.

And that’s exactly what we’re doing with our first Regional Demo Day. We’re bringing together 18 brilliant Flat6Labs startups from across our offices in MENA to enable them to take their next step towards follow-on funding and scalability” added El-Serafy. Omar Christidis, CEO of ArabNet said, “We’re thrilled to be hosting the first ever Flat6labs Regional Demo Day at Arabnet Riyadh this year. The conference is the ideal platform for these promising startups to access the region’s largest digital market — Saudi Arabia — by connecting with over 6,000 attendees and 150+ investors, and forging relationships with potential partners and clients.”

Here are the 18 graduating startups that showcased their products and services during the First Regional Demo Day:

  • Akalati: Food ordering app for parties and gatherings.
  • Bexel: Cloud-based Inspection Software for Oil & Gas and Construction companies.
  • Boostiny: A performance based advertising platform linking brands with nano-influencers
  • Chefaa: On-demand application to scan and deliver prescriptions to patients, locate the nearest pharmacy, and order from pharmacies online.
  • Clean2O: Clean2O designs products that make water safe for cooking and drinking anytime, anywhere.
  • GoMyCode: High-end computer Science Education with a unique learning experience that leaves lasting impressions and positively impact our students’ lives.
  • Illa: lla is a digitally operated multi-sized platform that provides transportation and distribution services.
  • Majara: A career platform that focuses on matching young professionals with employers on the basis of culture fit.
  • Mint Basil Market: An e-commerce platform for healthy natural products.
  • Schedex: Smart, automated, and flexible employee scheduling SaaS for shift-based companies and hourly workers.
  • Springring: Springring is a School Communication Management Platform linking admins, parents, teachers, and students together.
  • Tamarran: Tamarran helps you find and book sport venues, fitness classes and recreational activities in town.
  • Tap4Glam: Tap4glam.com is an innovative solution for booking beauty and wellness services at home, for companies or during events.
  • Telp: Telp is an online platform which helps students find and book lessons with private tutors instantly.
  • Untap: Untap​ ​is a submission​ management tool used to efficiently launch and manage online competitions and calls for applications.
  • VRapeutic: VRapeutic develops virtual reality software for learning disabilities and developmental disorders.
  • Wattnow: Wattnow’s mission is to support companies and building operators visualize their consumption in real time and helping them reduce their electricity bills by up to 30%.
  • Zima: A cost-saving SaaS that enables Internet Service Providers to manage their user bandwidth, billing and subscription– with no need for hardware.

Flat6Labs has an open application process, allowing founders to apply at any time to receive feedback and enhance their selection opportunities for upcoming cycles around the region. Founders can learn more and apply at www.Flat6Labs.com

Flat6Labs Cairo Graduates 11 Innovative Startups at its Fall 2019 Demo Day

Flat6Labs Cairo, the leading Startup Accelerator in Egypt, held its fall 2019 Demo Day with eleven new start-ups graduating from its second cycle of fiscal year 2019.

Flat6Labs Cairo’s fall 2019 cycle commenced on August 25th in 2019 and welcomed eleven promising new teams, filtered from over 1200 applications, who are now excited to launch their businesses to the general public. This cycle has entrepreneurs coming from all across Egypt and the startups are working across various industries, from Home Automation, Health Tech, Logistics and SaaS, to E-commerce, Management Consulting, Web Development & Recruitment, offering innovative online and digital solutions set to disrupt the market.

Attending the Demo Day are Flat6Labs investors, mentors, top government officials, reputable technology experts and influencers from the region, and press, who are keen on witnessing the progress of the start-ups and the latest innovations in the region.

Flat6Labs Cairo fosters and invests in bright and passionate Egyptian entrepreneurs with cutting-edge ideas, and supports them by providing access to a vast network of local and international investors, industry experts, partners and corporations. With a fund size of EGP 100m, Flat6Labs Accelerator Company (FAC) aims at investing in up to 100 early-stage startups and 300+ entrepreneurs, during its five years investment period. Every six months, Flat6Labs Cairo provides seed capital to eight to ten new startups, each company receives from EGP 500K to EGP 750K in funding for up to 10% equity.

“We’re extremely happy to be graduating this latest batch of 11 startups and cannot wait to see how they’ll continue to scale their businesses to a new level post Demo Day”. He adds, “We can say with confidence that this group of entrepreneurs are go getters and relentless in their quest towards success, and we fully stand behind them even after they’ve left Flat6Labs Cairo’s doors”. — Ramez El-Serafy, Flat6Labs CEO

The eleven graduating startups that are showcasing their technologies and business ideas at Flat6Labs Cairo Fall 2019 Demo Day include:

  • AION: AION Innovations offers easy to install and affordable smart home solutions which are accessed and controlled remotely using an innovative mobile application.
  • Axon: AXON is a medical platform which saves individuals and organisations up to 80% on medical and wellness services through one consolidated annual membership.
  • BeXel: BeXel is a cloud-based software that helps quality control engineers in checking safety standards for equipment used in various sectors such as oil, gas, construction, and hotels.
  • Consulting Pad: Consulting Pad empowers businesses by matching them with experts from world-class MBA programs and multinational companies.
  • Curotrip: A one stop shop for patients all over the world to get connected to Egyptian medical professionals , book and plan the whole medical journey in a few simple steps.
  • Fridge: Fridge provides all the required grocery and hygiene supplies to businesses on an interval basis (monthly, weekly, or daily) at wholesale prices. Saving businesses time, money and resources.
  • HOVO: HOVO is your tech-enabled logistics partner that provides trucks in 20 mins across Egypt. They proudly have a fleet of over 3000 trucks in different sizes.
  • Makwa: Makwa is a mobile application that provides doorstep dry cleaning, laundry pickup and delivery services.
  • ShipHaly: ShipHaly An online platform that connects shoppers to travelers, offering a secure, affordable, and seamless shopping experience.
  • Talents Arena: Online technical hiring platform, enabling companies to hire the best technical talents in 14 days or less.
  • Wuilt: Website builder that creates a multi-lingual websites in 3 easy steps, in less than 10 minutes.

Flat6Labs Beirut Graduates 7 Startups During Its Fourth Demo Day

Under the patronage of HE Minister of ICT, Mr. Adel Afiouni, Flat6Labs Beirut, Lebanon’s leading regional startup seed program and early stage fund, hosts its Fourth Demo Day at Music Hall in Beirut. The Demo Day introduced seven new startups from Flat6Labs Beirut’s seed program. This event showcased the graduating startups, acting as a platform for founders to present their products and services to a select audience of potential investors, the media and the greater business community. It also provides the startup founders with business development, networking and scaling opportunities.

The Fourth Flat6Labs Beirut Seed Program cycle, which commenced on June 6th, 2019 welcomed 7 new startups tackling solutions across an array of industries including personalized cosmetics, fleet management, pharmaceutical supply chain, water sanitation, IoT, SaaS for ISPs and on-demand platforms.

All the startups have technology at their core and showcased their product to potential investors, the media and the greater business community. Flat6Labs Beirut supports and invests in promising Lebanese startups with innovative and fresh ideas. Each team goes through several stages before they are selected to become a fully developed startup. Once inducted into the program, each startup has unlimited access to Flat6Labs Beirut’s overarching network of mentors, investors, consultants and experts. They also have the privilege of using the Flat6Labs Beirut office space as their own, where they are surrounded by a network of mentors, consultants, investors, business workshops, training sessions and perks, amongst many others.

The graduation of the fourth batch of startups solidifies the company’s aim to accelerate the growth rate of Lebanese startups and provide a steady pipeline to the rapidly-growing Lebanese venture capital ecosystem.

“In under 24 months, Flat6Labs Beirut has proudly incorporated and invested in 33 new Lebanese SAL companies, supporting them through product validation and going to market, and established a network of highly skilled and passionate founders, mentors and corporates. In fact, in 2018 and during its first 12 months of investment, Flat6Labs Beirut contributed to 50% of the investments in the Lebanese ecosystem” – Hany Al-Sonbaty, Chairman of Flat6Labs.

Omar Christidis, CEO of ArabNet said, “We are thrilled that Flat6Labs Beirut is graduating their fourth cycle of startups and has helped create 33 new companies driving the Lebanese economy forward. We look forward to creating more companies in the coming years.”

Here are the seven graduating startups that showcased their products and services during the fourth Flat6Labs Beirut Demo Day:

  • Clean2O: Clean2O designs products that make water safe for cooking and drinking anytime, anywhere.
  • Fleets.ai: Fleets.ai provides real-time fleet monitoring to optimize fleet performance, maintenance costs, and fuel consumption.
  • IoTree: IoTree is a wireless sensory network of smart traps that are developed using a deep learning algorithm for the early detection of harmful pests and insects in farms.
  • Joona: Joona offers playful and personalized quality skincare products according to dermatological types, conditions and preferences.
  • PharmaKlik: PharmaKlik is a cloud-based omnichannel platform that links pharmacies with suppliers.
  • Presentail: Presentail is a gifting platform for Lebanese expats featuring hand-picked products from nostalgic suppliers, delivered quickly and safely.
  • Zima: Zima is a cost-saving SaaS that enables Internet Service Providers to manage their user bandwidth, billing and subscription– with no need for hardware.

Flat6Labs Beirut will launch its Fifth Cycle in November 2019 and has an open application process, allowing founders to apply at any time to receive feedback and enhance their selection opportunities for the upcoming cycle. Founders can always apply here.

Flat6Labs Tunis Graduates Cycle Four Startups

Flat6Labs Tunis hosted its Fourth Demo Day; introducing eight new startups from its acceleration program. This was an opportunity for 8 innovative startups to present their projects to an audience made up of representatives of investment funds, bankers, Tunisian and foreign entrepreneurs as well as selected experts from the information and communication technologies sector (TIC).

Since its launch in partnership with BIAT, TAEF and Meninx Holding, Flat6Labs Tunis has supported 28 innovative startups as part of its objective to promote a new dynamic of business creation at the service of the growth of the Tunisian ecosystem through innovative solutions and applications.

The program also offers several investment tickets of up to one million TND. It welcomes startups working in various sectors oriented towards innovation and the knowledge economy, including education, energy, transport, fintech, green tech, ICT, electronics and industrial solutions.

Last May Flat6Labs Tunisia started its fourth acceleration cycle by accompanying eight new startups that operate in different industries:

  • Artify: An online streaming platform for Maghreb movies and other multimedia content.
  • Datavision: A platform for “visual analytics” and smart boxes that help store owners measure the experience of their visitors.
  • Farm Trust: e-commerce platform for fresh, organic and traceable agricultural products.
  • Rahba.tn: Marketplace offering a variety of products and services targeting the agricultural sector and farmers.
  • Taderok: Smart school books and an educational platform to help children learn more effectively.
  • Tap4Glam: A mobile application of beauty and cosmetic services on demand.
  • Teskerti: Electronic ticketing and access control platform to support event organizers and their audiences.
  • Trust IT: An online marketplace for computer repair and delivery services.

As a prelude to the Demo Day, a convention signing ceremony was organized in the presence of the Chairman of the Board of Flat6Labs Tunisia, Mr. Mehdi Tamarziste, and the International Finance Corporation (IFC / IFC) Tunisia in the person of his Resident Representative, Mr. George Ghorra. The IFC has signed a deal to invest $1m (about 3m Tunisian Dinars) in the Anava Seed Fund managed by Flat6Labs Tunisia.

The program is renewed every six months, to offer new Tunisian entrepreneurs the opportunity to benefit from a top-notch support during the different stages of their project.

Flat6Labs Tunis and its partners offer entrepreneurs a mentoring program, a co-working space, and many other advantages and privileges, as a prelude to the financing of startups by investors outside the program. To apply, please click here