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The Venture Codex

Flat6Labs

1 Dr. Mohamed Sobhy St., Flat 6, 2nd Floor, Giza, Al Jizah, 12511, Egypt

Overview

Flat6Labs Riyadh accelerator program focuses to develop advancing technology ecosystem in Saudi Arabia

Total investments
25
Lead investments
8
Investments · 12mo
5
Active investors
0

Sector focus

  • Venture Capital
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Investment portfolio

  • ILLA

    Participated · Seed · Aug 2026

    Founded in 2019, ILLA provides delivery and logistics solutions across Egypt, operating in 24 governorates. The company serves both corporates and SMEs, with notable clients including Coca-Cola, P&G, Nestle and Pepsico. ILLA has been described as a trailblazer in logistics solutions for the FMCG sector and is noted for its diverse team and market expertise. The startup received follow-on support from Flat6LabsCairo and has now closed a $500,000 seed round with participation from Averroes VC, AUC Angels and regional strategic angels. Reporting highlights that ILLA’s positioning and operations have gained attention amid shifts in Egypt’s logistics landscape during the pandemic. Specific future plans and detailed financial metrics were not disclosed in the articles.

  • Revora (MyAlice)

    Participated · Seed · Jun 2026

    Revora provides an AI-native operating layer designed to help e-commerce merchants acquire, convert, support, and retain customers across conversational channels. The company has grown approximately 10x over the past 12–18 months and serves users in more than 21 countries, with a primary market focus in Saudi Arabia and additional focus in the UAE and Pakistan. Its founding team includes Shuvo Rahman and Daniyal Baig and it maintains a tech team in Bangladesh. Investors have described the business as having an "impressive bottom line." Post-raise, Revora plans to double down on expansion in Saudi Arabia and across the MENAP region and continue investing in its AI "brain" to power merchant workflows.

  • Kudwa

    Participated · Equity · Mar 2026

    Kudwa builds an AI-powered finance intelligence platform that integrates with ERP, accounting, and operational systems to deliver real-time financial planning and analysis. Its platform provides data pipelines, forecasting models, intelligent dashboards, scenario planning tools, and AI-driven explanations of "what changed and why" across entities. The company was founded in 2023 by Karl Nasr and Sam Arif and is described as UAE–USA-based. Kudwa plans to expand integrations and scale go-to-market efforts across multiple geographies. The startup announced $1.1 million in funding in March 2026 to accelerate product development and expansion. The articles do not disclose revenue, users, or prior financing rounds.

  • Qureos

    Participated · Seed · Feb 2026

    Qureos is a Dubai, UAE-based company offering an AI-driven hiring platform that automates sourcing, screening and interviewing for enterprise recruiters. Its technology matches candidates to roles across the broader market by analysing fit and growth potential, aiming to shorten time-to-hire and improve placement quality. Built in the Middle East, the platform already serves customers and candidates across MENA and in the United States. The company was founded by Alexander Epure and Usama Nini. Qureos plans to deepen its artificial-intelligence capabilities, enlarge its go-to-market organisation and expand geographically through enterprise and agency partnerships. The recently raised US$5 million seed round provides the financial runway to execute these initiatives.

  • Juthor

    Led · Seed · Jan 2026

    Juthor is developing a software platform that centralizes omnichannel retail operations, giving merchants one interface to oversee inventory, sales, and logistics across marketplaces. By eliminating the need to manage each channel separately, the product aims to reduce operational complexity and improve visibility for online retailers. The company positions itself as a solution to the persistent fragmentation in digital retail workflows. While still in its earliest stage, Juthor has secured initial capital to further build out its technology and expand integrations with additional e-commerce channels. Future plans, hinted at by the raise, include accelerating product development and broadening its merchant user base. No operating metrics such as revenue or user numbers were disclosed in the articles, underscoring the company’s pre-launch status. The fresh funding provides runway to validate product-market fit and refine the unified dashboard before larger scale commercialization.

Team

No current team members are available.