Flat6labs
Flat6Labs is a prominent accelerator and venture capital firm based in Cairo, Egypt, founded in 2011. It plays a crucial role in fostering the technology ecosystem in the MENA region by investing in seed and early-stage startups across various sectors, including transportation, mobile, big data, and virtual reality. With offices in multiple cities such as Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis, Flat6Labs supports over 100 innovative startups annually, empowering entrepreneurs to realize their ambitions. The firm offers a range of investment amounts from $50,000 to $500,000, catering to startups from pre-seed to pre-Series A stages. In addition to financial support, Flat6Labs provides a comprehensive suite of services, connecting startups with a vast network of business mentors, investors, and corporate partners, thereby enhancing their growth potential. The firm is committed to expanding its impact in emerging markets while maintaining its leadership position in the region's startup ecosystem.
Lezzoo
Non Equity Assistance in 2023
Lezzoo is a company focused on creating a comprehensive on-demand delivery service in Iraq, aiming to become the leading "super-app" in the region. It operates a logistics application that facilitates the delivery of food, beverages, groceries, pharmaceuticals, and various home services directly to consumers in Kurdistan and beyond. Lezzoo addresses the challenges posed by the lack of digital infrastructure in the country, which includes developing solutions for payments and mapping to enhance its delivery network. The company boasts positive unit economics, with a notable net profit per delivery, and observes a consistent demand from users, who typically place two orders each month. With a population of approximately 40 million in Iraq, Lezzoo is poised to meet the growing needs of an increasingly mobile consumer base.
KESK
Non Equity Assistance in 2023
KESK is Iraq's pioneering greentech business, focused on promoting sustainable practices in the construction industry. The company provides building consulting services that emphasize green design and construction, aiming to enhance environmental performance while reducing lifecycle costs. KESK achieves this by delivering green building standards and solar energy solutions, enabling construction firms to integrate eco-friendly concepts into their projects. Through its innovative approach, KESK is making significant strides in transforming Iraq's construction landscape towards more sustainable practices.
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