Flat6Labs Cairo, a startup accelerator in Egypt that supports and encourages entrepreneurs throughout the critical first steps of development, is proudly graduating a new batch of outstanding startups that are going to present their businesses online to hundreds of registered attendees during Spring 2020 Demo Day. This will take place on Wednesday, June 24th, at 5PM Cairo time/3PM GMT.
Four months ago, Flat6Labs Cairo welcomed a new batch of startups to the Spring 2020 Cycle of their flagship accelerator program. The Spring 2020 cycle consists of eight innovative startups in the industries of Fintech, E-commerce, Logistics, SaaS, Artificial Intelligence, on-demand car services, Freelance Marketplace, and Bio-materials. Each of these startups offers solutions for issues that affect Egyptian markets, but also address fundamental obstacles present in each of these industries globally.
This cycle marked the beginning of a shift for the program from the physical to the virtual under the precedence of COVID-19 lockdown. The swift and successful transition of all cycle activities online, including one-on-one meetings, training, pitch nights, and program events has demonstrated a strong determination by the startups, as well as the ecosystem at large to adapt to the new normal.
Albert Malaty, Flat6Labs Cairo’s Managing Director says, “I have seen how our startups have transitioned their businesses, seamlessly, online. I am looking forward to telling you more about their journey, so I highly encourage you to register for our Spring 2020 Demo Day to see for yourselves.”
The Flat6Labs Cairo Accelerator Program delivers a 4-month curriculum for seed-stage startups that offers 160+ hours of hands-on training & coaching, strategic mentorship from prominent figures of the international ecosystem, and a creative workplace exclusively for cycle startups. After the 4 months of the program, the graduated startups remain a part of the Flat6Labs Cairo community with access to resources, support, and guidance long after Demo Day.
In 2017, Flat6Labs Cairo partnered up with four anchor investors, the IFC, EAEF, MSME and Egypt Ventures, as limited partners, to launch a new phase of the Flat6Labs Cairo Accelerator Program aiming to fund 100+ startups in the span of 5 years, with a focus on tech-enabled solutions. Flat6Labs Cairo has so far groomed and funded 106 startups - including “legacy” startups that have graduated from the program since its launch in 2011. Flat6Labs is now a prominent member of the Middle East and North Africa’s ecosystem, having launched separate programs in Beirut, Bahrain, Jeddah, Abu Dhabi, and Tunis.
All Spring 2020 cycle startups have technology at their core and ready to showcase their products to potential investors, media, and the larger business community on Demo Day. You can register to enjoy the digital Demo Day experience.
Here’s a full list of startups presenting at Flat6Labs Cairo Spring 2020 Demo Day:
Opio - a digital vertical brand that offers everyday wear for modern-day women who are looking for the latest styles while conveniently shopping online. Opio capitalizes on Egypt's large infrastructure of garment manufacturers and young creative talents of designers, stylists, and marketers.
Founders: Shady Mokhtar, Reem Abdellatif, Amir Abdulhadi, Maha Hamada
Bosla - a voice analytics software that specializes in analyzing recorded conversations, to identify personality traits of the speaker, and accordingly suggest real-time communication approaches and techniques to steer the conversation. Bosla is currently targeting customer service agencies, businesses with telesales departments and recruitment agencies.
Founders: Ahmed Elshrkawey, Anas Naguib, Mohamed Ahmed, Mohamed Hassan
Sector: Artificial Intelligence
Tayar - a fleet management software that uses AI to automate all possible delivery situations without any manual intervention, to optimize the home delivery operations for businesses. Through a monthly subscription, business owners now have a complete dashboard displaying details of the trip and to automatically reward their drivers based on the AI-generated trip rating.
Founders: Mohamed Gessraha, Hassan Gessraha, Mohamed Ali
3atlana - an easy to use application that offers users convenient car services including road assistance, scheduled maintenance, and car enhancements. 3atlana also connects users with the nearest trusted service providers.
Founders: Ahmed Hassan, Sherif Al-Adham, Amr Hesham, Ahmed Hashem
Sector: On-Demand Car Services
Inploy - connects clients with service providers who can fulfill their business needs. Clients can freely surf its directory of 1400+ service providers across 30+ service categories and instantly connect using free contact exchange, with payment facilitation offered for any job transaction that our clients engage in digitally.
Founders: Karim Fahmy, Jad Ghalayini
Sector: Freelance Marketplace
Mycelium - a biotechnology startup that uses mushroom cells to transform agricultural waste to a new material that is used to manufacture eco-friendly and biodegradable products, offering an alternative to plastic and synthetic wood with greater functionality and a more sustainable manufacturing process.
Founders: Mohamed Fawzy, Mahmoud Fawzy, Omer Fathy, Mohamed Thrwat
CreditGO - has transformed the functionality of the POS machine into an android mobile app, offering services like mobile credit top-ups and bill payments for small businesses such as small kiosks, local coffee shops, tuk-tuk drivers and taxi drivers.
Founders: Omar ElWelely, Mohamed ElHelow, Sherine Alaa, Sherine Ewais, Abdelreheem Abushaqra
Wedel - a tech-enabled shipping and delivery partner that provides businesses with an on-demand shipping fleet. Enabling them to increase home delivery orders without the monthly fixed costs of an in-house delivery fleet. Wedel provides businesses with an agent within 15 mins of the delivery request, anywhere in Cairo.
Founder: Mohamed Mohsen, Hisham Alkhashab
Sector: Delivery Services
Check out Flat6Lab's Cairo's latest Demo Day in December 2019 that showcased and graduated 11 Egyptian startups.
An encouraging 33 startup deals took place in May 2020, which was an increase of 93% compared to April. This was largely driven by the Misk500 MENA Accelerator, which graduated its third batch of startups. Discover more details in our May 2020 Dashboard Report.