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.
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Past deals in Jordan
Dinarak
Non Equity Assistance in 2023
Dinarak is a licensed payment services provider operating under the Central Bank of Jordan's 'JoMoPay' system. The company specializes in mobile payment services, offering solutions for payment acceptance, supplier payments, and payroll streamlining. Dinarak enables secure and convenient peer-to-peer money transfers, bill payments, and mobile top-ups. By focusing on underserved regions, the company aims to enhance access to essential financial services, thereby promoting financial inclusion and economic empowerment within local communities.
Hello World Kids
Non Equity Assistance in 2023
Founded in 2015, Hello World Kids is a Jordan-based company specializing in teaching computer programming to children aged six to twelve. Through its online learning platform, the company offers coding education for students, teachers, and schools up to level 6.
Nestrom
Non Equity Assistance in 2023
Nestrom is a technology company that builds software platforms to streamline and automate operations across industries. It offers farm management software to track, monitor, and optimize farm activities at field level; a workforce management system to track field workers, activities, and time spent using low-cost Android devices; and precision and automation systems for environmental monitoring. It also provides an integrated field service management platform serving sectors including food manufacturing, property management, asset management, construction, energy generation, telecom, and network management. In addition, Nestrom delivers a workflow automation and business process management platform with zero-code workflow, digital forms, document generation, analytics, and cloud-based app development, designed to integrate with ERP and BI systems and to improve quality control and provide real-time insights for decision making. The combined capabilities aim to enhance efficiency, reduce costs, and support data-driven decisions across operations.
Quiq Claim
Pre Seed Round in 2022
Quiq Claim is a fintech company based in Amman, Jordan, that operates a peer-to-peer settlement and investment platform tailored for the medical insurance industry. The platform addresses the liquidity challenges faced by healthcare providers by connecting them with buyers of claims, thereby facilitating smoother transactions. Quiq Claim's services benefit a range of stakeholders, including healthcare providers, investors, and insurance companies, by providing a comprehensive overview of transactions while reducing logistical burdens and paperwork. This innovative approach aims to enhance efficiency within the medical insurance sector.
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