Flat6Labs Announces First Cohort In Riyadh Seed Program, Investing in 10 Innovative Saudi Startups

Flat6Labs Announces First Cohort In Riyadh Seed Program, Investing in 10 Innovative Saudi Startups













Flat6Labs, MENA’s leading seed and early-stage venture capital firm, recently announced the first cohort in its Riyadh Seed Program. The four-month program aims to help startups build their products, test the market, improve their business models, and pitch to external investors.

The seed program is part of a bigger investment agreement between Flat6Labs and Saudi Venture Capital (SVC) that was finalized last year. SVC, which launched a new ‘Investment in Fintech VC Funds’ product at the Financial Sector Conference last week, is one of the most prominent investment firms in KSA developing venture capital and private equity ecosystems to fund startups and SMEs. The agreement introduced the Startup Seed Fund, which aims to support the growth of startups and annually provide over 20 Saudi startups with financing over three years.

Flat6Labs’ first cohort for the Riyadh Seed Program includes the following 10 startups: 

YGII

This e-commerce wishlist application makes gift-giving easier by simplifying social commerce and making sure people get the gifts they want while the gift-givers manage to stay on budget. 

HORIZOONX

A  B2B platform for building and managing F&B businesses, providing a seamless operational experience by digitizing services deemed essential to run, maintain and improve F&B businesses.

UniPal

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