February 21 2018, Beirut, Lebanon — Flat6Labs Beirut, a startup seed program and early stage fund, hosted its very first Demo Day during ArabNet Beirut 2018 digital conference at the Hilton Beirut Habtoor Grand Hotel. The Demo Day introduced the ten startups from Flat6Labs Beirut’s first seed program cycle, which supported a diverse group of entrepreneurs tackling solutions across an array of industries including hardware, fintech, edtech, adtech, hospitality, video production and enterprise solutions.
The graduation of the very first batch of startups from Flat6Labs Beirut marks a significant milestone for Flat6Labs, which aims to accelerate the growth rate of Lebanese startups and provide a steady pipeline to the rapidly-growing Lebanese venture capital ecosystem. The Demo Day is designed to showcase the graduating startups, acting as a platform for founders to present their products and services to a select audience of potential investors, the media and the greater business community, as well as to provide them with business growth, networking and scaling opportunities.
“We are very happy and proud to be part of this dynamic and rapidly evolving ecosystem in Lebanon. The entrepreneurs in this first cycle have been truly amazing and inspiring. We look forward to being the launchpad for many more to come.” said Hany al-Sonbaty, Chairman of Flat6Labs.
Omar Christidis, CEO of ArabNet, “Innovation can and should be the next driver of the Lebanese economy, allowing it to compete regionally and globally. We’re excited to celebrate with Flat6Labs Beirut on the graduation of their first cycle of startups, and to be supporting a launchpad for innovative Lebanese businesses that can transform the Lebanese economy.”
The ten graduating startups that showcased their products and services during the first Flat6Labs Beirut Demo Day:
- Buildink: a 3D printing system for construction, using a proprietary cement mixture.
- Finconnect: provides software solutions and services for banks and corporates, facilitating financial message exchange.
- Flickset: an online marketplace for filming locations and production services.
- Katana: provides Internet of Things solutions as-a-service.
- Let’sGrant: a peer-to-peer lending platform for personal loans, facilitating the lending process.
- Lululittle: creates inspiring personalized books starring your children as the heroes by combining storytelling with socio-cultural themes.
- Ouda w Dar: a booking platform that simplifies short-term accommodation for hosts and guests.
- Personafier: a subscription-based content intelligence platform providing real-time insights on target persona.
- Schedex: a smart, automated and flexible employee scheduling SaaS platform for hourly workers and shift-based companies.
- SpicaTech: an online academy for video game production targeting kids and teens.
Launched in 2017 in partnership with ArabNet and approved by Banque du Liban under Circular 331, Flat6Labs Beirut is set to support and invest in more than 100 Lebanese startups over the next 5 years through its US $20 Million seed program and early-stage fund.