By : Bakinam Khaled
Flat6Labs, the MENA region’s leading seed and early-stage venture capital firm, hosted its 18th and 19th cycle startups on February 15th, 2023, at the Flat6Labs 2023 Demo Day in Cairo at the Grand Egyptian Museum. This Demo Day event introduced 12 growth-driven tech startups from the Flat6Labs Seed Program in Cairo, operating in an array of industries, namely Fintech, SaaS, E-commerce, Transportation, Food and Beverage, AgriTech, AI & Machine Learning, Recruitment, and EdTech.
The portfolio companies showcased their innovative products and solutions to an audience of around 500 attendees, including investors from Egypt and the region, representatives from our partners, and enablers in the startup ecosystem.
This Demo Day event marked the culmination of the 5 year investment period of the Flat6Labs Accelerator Company (FAC) Fund in Egypt, where Flat6Labs has successfully invested EGP 152M in seed and follow-on funding in 91 startups, 47% of which raised EGP 1.1Bn in follow-on funding.
Flat6Labs’ CIO, Dina el-Shenoufy said, “I’m proud to say that Flat6Labs has played a pivotal role in stimulating the Egyptian economy through the investments we’ve made over the past 5 years, supporting 200+ entrepreneurs in 16 different industries, creating over 81,500 indirect jobs and over 1,700 direct jobs, 31% of which are held by women. We look forward to continuing to support our 91 innovative portfolio startups, being part of their growth journey, and making an even bigger impact across Africa and the region.”
Over the course of the last year of the Cairo Seed Program, the Flat6Labs team has been working closely with the 12 startups, helping them develop their core business solutions and expand their operations by offering them business and technical training and mentorship sessions led by some of the best business leaders and industry experts in Egypt and the region.
The Flat6Labs 2023 Demo Day in Cairo was sponsored by our partner, SANAD Entrepreneurship Academy.
The 12 startups that showcased in the Flat6Labs 2023 Demo Day in Cairo are:
Facilitating the order delivery process for small and medium sellers.
HUMM:
Humm is a food-focused multimedia company at the intersection of tech, e-commerce, and the creator economy.
We are the only Online Healthy Food Marketplace.
A tech-based transportation services solution for uniformly transporting commuters, students, and supply fleets for companies.
The Friends and Family money application.
MENA's leading tech recruitment web solution trusted by 100s of companies in 10+ countries worldwide.
BabRizk is the first blue collar recruitment application with loyalty programs and fintech services.
Facilitating and Automating Mortgage Financing Online.
Fuelin is a smart platform to help Companies better manage and monitor their fleet fuel consumption.
Agel:
Sharia-compliant trade finance platform, availing working capital merchandise credit limits to empower small business growth.
Katteb is an AI Writer that consistently learns. It can write about any recent or future events using state of the art AI technology.
Melior is a straight-forward, effective, and robust patient engagement software.
All the information and contact details of the startup founders are available on Flat6Labs’ website
