Venture Capital Expansion: Launch of F6 Group and F6 Ventures, a New Arm by Flat6Labs
In a significant move to bolster the startup ecosystem in the Middle East and Africa, F6 Group has been launched, integrating venture capital with startup acceleration. The newly formed entity, led by Co-Founders and General Partners Dina el-Shenoufy and Ramez El-Serafy, consists of two arms: F6 Ventures, a seed-stage investment firm, and Flat6Labs, a recognised startup accelerator platform.
F6 Ventures, the venture capital arm of F6 Group, is dedicated to seed and early-stage investments in startups across the Middle East and Africa. With over $90 million in assets under management (AUM) and a track record of over 300 investments, F6 Ventures aims to close the early-stage funding gap in these emerging ecosystems, helping founders scale their ideas into impactful, market-leading startups.
Flat6Labs, on the other hand, continues its mission of providing startup programming, mentorship, and ecosystem-building initiatives to entrepreneurs across the region. With the integration of F6 Ventures, Flat6Labs sharpens its focus on founder support, innovation, and ecosystem growth across emerging markets.
The combined structure provides startups with critical funding, mentorship, and resources needed to transition from idea to scalable impact. F6 Ventures plans to launch multiple new regional funds across Africa, the GCC, and Levant, with offices already established in Cairo, Riyadh, Abu Dhabi, Amman, Tunis, and Nairobi.
Yehia Houry has been appointed as the CEO of Flat6Labs, while Hany Al Sonbaty serves as Founder and Chairman of F6 Group. The team at F6 Ventures includes regional partners Eyad Albayouk, Ryaan Sharif, Rasha Manna, Walid Triki, and Christine Namara.
With ambitious plans to expand its AUMs to $200 million and invest in over 200 companies within the next five years, F6 Group delivers unmatched access to capital, programs, and expertise for startups across emerging markets. The group aims to support the region's boldest founders, scale tech-driven innovation, and create lasting value for stakeholders, ultimately becoming a market leader in seed-stage investing across emerging ecosystems.
In conclusion, the integration of F6 Ventures and Flat6Labs under the umbrella of F6 Group marks a significant step forward in the development of the startup ecosystem in the Middle East and Africa. By providing critical funding, mentorship, and resources, F6 Group aims to empower bold founders, advance innovation, and foster growth across the region's emerging markets.
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The venture capital arm of F6 Group, F6 Ventures, invests in startups across the Middle East and Africa, aiming to close the early-stage funding gap and help founders scale their ideas with the assistance of cloud technology. Flat6Labs, as a part of F6 Group, continues to support startups by providing them with programming, mentorship, and resources necessary for transitioning from ideas to scalable impact, leveraging technology to foster innovation across the region.
