Flat6Labs invests in seven Jordanian startups

Flat6Labs invests in seven Jordanian startups

Amman, Jordan – Flat6Labs—the MENA region’s leading seed- and early-stage venture capital firm, currently running the most renowned startup programs in the region—has recently announced that it is investing in seven new Jordanian startups, as part of the second cycle of its funding program, which was launched last June.

By funding startups across the MENA region—including in Jordan—Flat6Labs aims to support entrepreneurs and new businesses as they work to compete on both a local and global scale. The venture capital firm specifically targets startups in innovation-based and knowledge-driven sectors, such as information and communication technologies, software solutions, education, healthcare, digital content and games, hardware, electronics, manufacturing solutions, renewable energy, agricultural solutions, big data and analytics, fintech and payment solutions, media, and entertainment.

Flat6Labs will be providing each selected startup in the current cycle with an investment of $115,000. Flat6Labs will provide these startups with a four-month acceleration program that includes a variety of workshops and mentoring sessions designed to cover all aspects of business development. Flat6Labs will additionally provide the participating startups with workspaces, marketing and legal support, and the opportunity to benefit from the firm’s regional network of partners and investors—along with the possibility to receive follow-on funding of up to