{"id":36780,"date":"2024-11-27T18:37:52","date_gmt":"2024-11-27T15:37:52","guid":{"rendered":"https:\/\/entarabi.com\/?p=36780"},"modified":"2024-11-27T18:55:28","modified_gmt":"2024-11-27T15:55:28","slug":"flat6labs-empowers-10-saudi-startups-across-strategic-sectors","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/11\/flat6labs-empowers-10-saudi-startups-across-strategic-sectors\/","title":{"rendered":"Flat6Labs Empowers 10 Saudi Startups Across Strategic Sectors"},"content":{"rendered":"\n<p>Flat6Labs, a company specializing in seed funding and venture capital in the Middle East and North Africa region, has announced its investment in 10 new Saudi startups as part of the fourth cycle of its Riyadh Seed Program.<\/p>\n\n\n\n<p>In its latest round, Flat6Labs has invested in 10 promising Saudi-based startups for the fourth cycle of its Riyadh Seed Program, spanning dynamic sectors such as transportation, e-commerce, logistics, cybersecurity, SaaS, consumer tech, and talent acquisition.<\/p>\n\n\n\n<p>Over the course of the program, these startups receive extensive support through a four-month acceleration initiative designed to fast-track their growth, refine their market positioning, and expand their capabilities across KSA and beyond, as well as a cash investment of at least SAR 500,000. The program aims to prepare them for the next stage of their journey, including scaling their customer base, enhancing operational efficiencies, and securing strategic partnerships.<\/p>\n\n\n\n<p>The Riyadh Seed Program is supported and funded by the <a href=\"https:\/\/www.flat6labs.com\/flat6labs-announces-the-first-close-of-the-startup-seed-fund-with-the-participation-of-the-saudi-venture-capital-company-svc-and-jada\/\" rel=\"nofollow noopener\" target=\"_blank\">Startup Seed Fund<\/a>, which has received investments from the Saudi Venture Capital Company, the Jada Fund of Funds, and Riyadh Valley Company, and is managed by Flat6Labs. The program also receives support from the National Technology Development Program through its Empowering Accelerators initiative.<\/p>\n\n\n\n<p>The fund was established to provide investors with outsized capital gains through investments in tech startups in the Kingdom of Saudi Arabia via a highly diversified and systematic investment strategy. It aims to acquire selective equity stakes in early-stage startups operating in technology and innovation sectors within the Kingdom.The fund was established to provide investors with outsized capital gains through investments in tech startups in the Kingdom of Saudi Arabia via a highly diversified and systematic investment strategy. It aims to acquire selective equity stakes in early-stage startups operating in technology and innovation sectors within the Kingdom.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The 10 New Startups in Flat6Labs\u2019 Fourth Riyadh Seed Cycle:<br><\/strong><br><a href=\"https:\/\/camion.com.sa\/\" rel=\"nofollow noopener\" target=\"_blank\">CAMION<\/a>: Revolutionizing freight management with a comprehensive Transportation Management System (TMS) that deeply integrates with global logistics networks to streamline first-mile operations.<\/li>\n\n\n\n<li><a href=\"https:\/\/coladaapp.io\/\" rel=\"nofollow noopener\" target=\"_blank\">Colada<\/a>: A consumer-tech platform bridging affordability and quality in food ordering. Leveraging machine learning, Colada offers exclusive discounts on popular menu items while helping restaurants maximize margins.<\/li>\n\n\n\n<li><a href=\"https:\/\/devsy.tech\/\" rel=\"nofollow noopener\" target=\"_blank\">Devsy<\/a>: Devsys is a talent acquisition platform that leverages advanced HRMIS and work management modules, enhanced with AI capabilities, to streamline the vetting and management of both remote and on-site talent. Its AI product arm, NIIO, has secured major contracts to build predictive models for e-commerce and quick commerce sectors.<\/li>\n\n\n\n<li><a href=\"http:\/\/dphish.com\" rel=\"nofollow noopener\" target=\"_blank\">dPhish<\/a>: An all-encompassing anti-phishing solution addressing threats through detection, proactive credential hunting, and awareness.<\/li>\n\n\n\n<li><a href=\"http:\/\/www.hollat.net\" rel=\"nofollow noopener\" target=\"_blank\">Hollat<\/a>: Hollat is a CRM platform designed to address challenges in integration, privacy, and cybersecurity for large enterprises and the public sector, aligning with local compliance regulatory requirements. It has become the preferred choice for government entities and notable financial institutions.<\/li>\n\n\n\n<li><a href=\"https:\/\/escrow.mrrha.app\/escrow\" rel=\"nofollow noopener\" target=\"_blank\">Mrrha<\/a>: Mrrha is a community-based online marketplace that empowers local creators and digital entrepreneurs to sell their unique products. It facilitates secure consumer-to-consumer (C2C) transactions through a validated and user-friendly experience. Key features include automated escrow services, secure payment options, and integrated shipping and listing tools. Mrrha ensures a safe and efficient process, enabling small retailers to reach a broader audience.<\/li>\n\n\n\n<li><a href=\"http:\/\/www.fezlee.com\" rel=\"nofollow noopener\" target=\"_blank\">Fezlee<\/a>: Fezlee is a shipping aggregator platform that connects merchants with the best couriers, warehouses, and all logistics needs. By streamlining logistics and offering competitive rates, it empowers businesses to expand their reach, enhance efficiency, and reduce costs.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.linkedin.com\/company\/cyberni\/\" rel=\"nofollow noopener\" target=\"_blank\">Cyberni<\/a>: Cyberni is a cybersecurity SaaS company that specializes in dark web threat intelligence. It provides innovative solutions that enhance threat detection, risk mitigation, and proactive safeguarding of businesses from emerging threats.<\/li>\n\n\n\n<li><a href=\"https:\/\/units.sa\/\" rel=\"nofollow noopener\" target=\"_blank\">Units<\/a>: A warehousing solution transforming the warehousing landscape with digital solutions for inventory and space management. It simplifies and optimizes inventory management processes, space utilization, and delivery management.<\/li>\n\n\n\n<li><a href=\"https:\/\/khawarizm.sa\/\" rel=\"nofollow noopener\" target=\"_blank\">Zofa<\/a>: Aiming to revolutionize clinic management, Zofa offers a comprehensive operations platform to revolutionize patient management and ensure regulatory compliance.<br><br>To apply for the Riyadh Seed Program, please visit: <a href=\"https:\/\/apply.flat6labs.com\/en\/riyadh-cycle-5\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/apply.flat6labs.com\/en\/riyadh-cycle-5<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Flat6Labs, a company specializing in seed funding and venture capital in the Middle East and North Africa region, has announced its investment in 10 new Saudi startups as part of the fourth cycle of its Riyadh Seed Program. In its latest round, Flat6Labs has invested in 10 promising Saudi-based startups for the fourth cycle of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":36778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1803,1810,1772],"tags":[3048],"class_list":["post-36780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-accelerators","category-fintech","category-startups","tag-flat6labs-2"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/36780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=36780"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/36780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/36778"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=36780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=36780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=36780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}