By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt’s IDA gears up to provide its services for investors online
    Egypt’s IDA gears up to provide its services for investors online 
    March 29, 2023
    Egypt. Germany discuss promotion of cooperation in communications, digital transformation
    Egypt, Germany discuss promotion of cooperation in communications, digital transformation
    March 29, 2023
    Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
    Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
    March 29, 2023
    Volatile trading on EGX amid anticipation of interest rate movement
    Volatile trading on EGX amid anticipation of interest rate movement
    March 29, 2023
    Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
    Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
    March 29, 2023
  • Politics
    PoliticsShow More
    Formes US President Donald Trump Is Indicted in New York
    Trump indicted in hush-money payment case
    March 31, 2023
    Humza Yousaf is to be the first minister of Scotland after narrowly winning the election for leader of the Scottish National Party
    Humza Yousaf becomes Scotland’s first minister: A decade of polls suggest he’ll struggle to deliver independence, just like Nicola Sturgeon
    March 30, 2023
    Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
    Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
    March 29, 2023
    Health Minister, UNODC discuss bilateral cooperation in combating drugs, corruption
    Health Minister, UNODC discuss bilateral cooperation in combating drugs, corruption
    March 29, 2023
    UAE President appoints Khaled bin Mohamed bin Zayed as Crown Prince of Abu Dhabi
    UAE President appoints Khaled bin Mohamed bin Zayed as Crown Prince of Abu Dhabi
    March 29, 2023
  • Interviews
    InterviewsShow More
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    March 27, 2023
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Flat6Labs Cairo graduates 10 innovative startups at its 10th Demo Day 
Share
Notification
Latest News
Formes US President Donald Trump Is Indicted in New York
Trump indicted in hush-money payment case
Politics
Humza Yousaf is to be the first minister of Scotland after narrowly winning the election for leader of the Scottish National Party
Humza Yousaf becomes Scotland’s first minister: A decade of polls suggest he’ll struggle to deliver independence, just like Nicola Sturgeon
Politics Opinion
Egypt’s IDA gears up to provide its services for investors online
Egypt’s IDA gears up to provide its services for investors online 
Business
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Politics World
Egypt. Germany discuss promotion of cooperation in communications, digital transformation
Egypt, Germany discuss promotion of cooperation in communications, digital transformation
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Technology > Flat6Labs Cairo graduates 10 innovative startups at its 10th Demo Day 
Technology

Flat6Labs Cairo graduates 10 innovative startups at its 10th Demo Day 

Daily News Egypt
Last updated: 2018/05/16 at 12:25 AM
By Daily News Egypt 4 Min Read
Share
SHARE

Flat6Labs, the regional early-stage investment company and accelerator, held on Monday its 10th Demo Day in Cairo with 10 new startups graduating from its first cycle in 2018.

Flat6Labs Cairo’s 10th cycle commenced on 13 February in 2018 and welcomed 10 promising new teams, filtered from about 400 applications, who are now excited to launch their businesses to the general public.

This cycle had entrepreneurs coming from all over Egypt and the startups are across various industries, from fintech, medicine, training, and development to transportation, insurance, and retail, offering innovative online and digital solutions.

Among the attendees of the Demo Day were Flat6Labs investors, mentors, top government officials, reputable technology experts, and influencers from the region.

Flat6Labs Cairo fosters and invests in bright and passionate Egyptian entrepreneurs with cutting-edge ideas and supports them by providing access to a vast network of local and international investors, industry experts, partners, and corporations. With a fund size of EGP 100m, Flat6Labs Accelerator Company (FAC) aims at investing in up to 100 early-stage startups and more than 300 entrepreneurs, during its five years investment period. Every six months, Flat6Labs Cairo provides seed capital to 10 new startups, where each company receives up to EGP 500,000 in funding for 10% equity.

Moustafa Khater, Flat6Labs Cairo managing director, said he was proud to witness such bright and passionate entrepreneurs, representing an exquisite display of diversity. “With a bustling population shortly at the 100 million mark and with 50% below the age of 30 and tech savvy, Egypt is poised to be one of the fastest growing entrepreneurial hubs in the world. We realise this opportunity and would like to encourage entrepreneurs through their critical first steps of their development. We are now ready for the 11th cycle and look forward to welcoming new, innovative, and disruptive technologies in Egypt,” he added.

The 10 graduating startups that are showcasing their technologies and business ideas at Flat6Labs Cairo’s 10th Demo Day include: 

7aweshly: a mobile application for micro-savings that aims to help people get committed to save from their recurring income.

Arza2: a platform targeting blue-collars, aimed at promoting training and development programmes as well as jobs for self-employed individuals.

Chefaa: an on-demand application to scan and deliver prescriptions to patients, locate the nearest pharmacy, and order from pharmacies online.

iSagha: the first online jewellery marketplace and the go-to platform for gold and silver price checks in the region.

Med Misr: a digital third-party administrator that provides medical insurance companies with innovative online paper-free solutions with fraud controls.

Mosawer: a platform that aims at connecting photography professionals to clients around the MENA region.

Tombeely: a digital platform aimed at being a one-stop shop for everything car-related.

Transpooler: a platform that aims at giving parents, schools, and fleet companies the right tools to ensure safe and convenient transportation for next generations.

Wasel: a transportation platform connecting passengers between governorates with professional drivers.

Weelo: a platform that connects users to their nearest supermarkets to facilitate grocery shopping.

Flat6Labs is a regional startup accelerator programme and seed investment company that fosters and invests in entrepreneurs. It provides seed funding, strategic mentorship, a creative workspace, a multitude of perks, and entrepreneurship-focused business training. In addition, it directly supports startups through an expansive network of partner entities, mentors, and investors. Flat6Labs currently has accelerator programmes and seed funds in Cairo, Jeddah, Abu Dhabi, Beirut, Tunis, and Bahrain.

You Might Also Like

Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp

International powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital economy  

DNE Awards honours e-Finance Investment Group as Most Influential in Digital Transformation

Flat6Labs launches $95m venture capital fund to expand in Africa

Three AI experts on how access to ChatGPT-style tech is about to change our world – podcast

TAGGED: flat6labs
Share this Article
Facebook Twitter Email Print
Previous Article Egypt’s tourism revenues do not match existing resources: MP
Next Article Honor eyes 5% of smartphone sales in Egypt by end 1Q 2019
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Formes US President Donald Trump Is Indicted in New York
Trump indicted in hush-money payment case
Politics
Humza Yousaf is to be the first minister of Scotland after narrowly winning the election for leader of the Scottish National Party
Humza Yousaf becomes Scotland’s first minister: A decade of polls suggest he’ll struggle to deliver independence, just like Nicola Sturgeon
Politics Opinion
Egypt’s IDA gears up to provide its services for investors online
Egypt’s IDA gears up to provide its services for investors online 
Business
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Politics World
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?