Flat6Labs Accelerator Company - Flat6Labs

ACCELERATING THE FUTURE

Egypt | Seed Programs

Flat6Labs Accelerator Company

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Flat6Labs Accelerator Company (FAC) is focused on investing in a high potential for growth companies within innovation-based and knowledge-driven industries in Egypt, including but not limited to: ICT, Education, and Healthcare Technology, Digital Content and Online Media, Consumer Internet, and Solutions for Financial Services and Payments (FinTech).

With a fund size of EGP 207M, FAC is investing in up to 100 early-stage startups and 300+ entrepreneurs, during its 5 years investment period. Every 6 months, Flat6Labs Cairo provides seed capital to 10 startups, each company receiving up to EGP 1.5M in funding for 10% equity upon joining the program. Upon completion of the Flat6Labs Cairo Seed Program, graduate companies with the strongest potential, and those that have secured investments from third parties, are eligible for follow-on funding of up to EGP 3M.

Through investing in promising seed stage and early stage companies and providing them with strategic mentorship, office-space, a multitude of perks and services ($300,000+), and entrepreneurship-focused business training and workshops, FAC stimulates the investment pipeline in Egypt by introducing new companies with well developed concepts every year; while creating healthy investment returns to its investors.

FAC is managed by a unique and experienced team with a confluence of proven investment, operating and domain expertise in MENA, Europe and North America. FAC, alongside its notable investors- the International Finance Corporation, MSME Development Agency, Egyptian American Enterprise Fund, Egypt Ventures, and Sawari Ventures; aim to have a rapid impact on value creation and passionate entrepreneurs.

Flat6Labs

NOTABLE INVESTORS

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Sawari Ventures

Sawari Ventures is an international venture capital firm that invests in people turning visionary ideas into market-leading companies in the Middle East and North Africa (MENA). They believe in the transformative power of entrepreneurial thinking.

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MSME

MSME is the Project Development Authority concerned with the development of SMEs and entrepreneurship in Egypt either directly or through the coordination of the efforts of all parties and civil associations and initiatives in the field of these projects, or through the establishment or participation of companies.

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IFC

IFC works with governments, corporations, foundations, and other multilateral organizations and development institutions to foster innovative partnerships that help create markets and mobilize private sector investment for development.

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Egypt Ventures

Egypt Ventures is an investment firm focused on empowering the entrepreneurial ecosystem by investing in venture capital firms, accelerators, and high-growth enterprises.

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EAEF

The Egyptian-American Enterprise Fund invests in private enterprises in Egypt that contribute to long-term, inclusive and sustainable economic growth. The enterprise fund deploys capital with the dual mandate to deliver financial returns and promote socio-economic development in Egypt.

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Flat6Labs Accelerator Company

PORTFOLIO COMPANIES

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dKilo

Digital ads on moving vehicles.

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ELSupplier

B2B wholesaler lead generation Platform.

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Intixel

Intixel uses proprietary artificial intelligence algorithms to empower radiologists’ diagnosis with the automated second-eye opinion.

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Lumiere

The Next Jewelry Destination For Affordable Luxury

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The Deli Llamas

Nutritious & Delicious Meals for Kids, Lunch Made Fun

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The Baby Garage

360 parents support platform & shopping advisory marketplace for kids products & services.

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CreditFins

CreditFins is a credit card management company which helps customers analyze & optimize their spending habits and settle their credit card debts.

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Welnes

Welnes brings top notch nutritionists and trainers with fully customized meal and workout plans to a health conscious community in order to achieve their fitness goals - whether those goal are to lose weight, build muscle, or simply to adopt a healthier lifestyle.

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Flat6Labs Accelerator Company

INVESTMENT COMMITTEE

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Hany Al Sonbaty

Founder and Chairman, Flat6Labs
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Wael Amin

Board Member, Flat6Labs
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Marie Therese Fam

Managing Partner - Egypt
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Mohammed Al-Ayouti

Digital & Telecoms Strategist and Venture Capitalist
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Sara Gamay

Head of International at Vita Coco
Flat6labs

Investors In Funds

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