Flat6Labs hosts its first Riyadh Seed Program Demo Day

Flat6Labs hosts its first Riyadh Seed Program Demo Day

Riyadh, Saudi Arabia: Flat6Labs, the MENA region’s leading seed and early-stage venture capital firm, hosted the first Demo Day for its Riyadh Seed Program, featuring 10 Saudi startups operating in various tech-driven and tech-enabled sectors, including e-Commerce, PropTech, FinTech, EdTech, Media, Entertainment, and Enterprise SaaS. The portfolio companies showcased their innovative products, solutions, and high growth potential to an audience of more than 250 attendees, including investors, government personnel, mentors, and key ecosystem players.

The Flat6Labs’ Riyadh Seed Program is funded by the Startup Seed Fund, with a total of SAR 75 million, providing the startups with a 4-month entrepreneurship-focused business training, strategic mentorship, subject matter one to one sessions, focused on commercial, administrative, financial, and legal axes. The program works on building the startups' skills and capacities to develop and scale their businesses, and facilitates their regional expansion through Flat6Labs' offices.

In celebration of the first cohort of the Program, Eyad Albayouk, Flat6Labs General Manager KSA commented: "We are proud of our first cohort of startups, and we’re confident that they will disrupt markets, provide new job opportunities, and become the cornerstone of Saudi’s transformation to a sustainable digital economy. I am also excited for the Startup Seed Fund, creating space