Flat6labs Bahrain Holds Their First Digital Demo Day for Its 4th Cycle

  • Date: 06-May-2020
  • Source: Fintech News Middle East
  • Sector:Technology
  • Country:Bahrain
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Flat6labs Bahrain Holds Their First Digital Demo Day for Its 4th Cycle

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.. 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.. They are also holding their first Digital Demo Day for its 4th Cycle where 7 innovative startups will be presenting their businesses virtually to hundreds of registered online attendees.. 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.. 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.. "Flat6Labs Bahrain is a key contributor to the Kingdom's fast-growing startups ecosystem.. It achieves tangible results for its portfolio companies - whether