Flat6Labs Hosts Final Demo Day of Riyadh Seed Program, Showcasing Six Startup Cohorts
Flat6Labs today hosts the sixth and final Demo Day of the Riyadh Seed Program in the Saudi capital, Riyadh. The program is funded by F6 Ventures, the Kingdom’s most active venture capital firm for the third consecutive year, in partnership with the Saudi Venture Capital Company (SVC) and several key national ecosystem players, including Jada Fund of Funds and Riyadh Valley Company.
The event marks a major milestone for the Riyadh Seed Program, supported by the National Program for Information Technology Development (NPITD), celebrating the graduation of six cohorts since its launch in 2023 and reinforcing its role in empowering early-stage startups across Saudi Arabia.
Since inception, the program has supported the growth of more than 60 startups, deploying nearly USD 17 million through its dedicated seed investment fund, backed by SVC alongside Jada and Riyadh Valley. These investments have catalyzed approximately USD 38 million in follow-on and co-investments via F6 Ventures.
In addition to capital deployment, the program has supported over 130 founders and contributed to the creation of more than 440 jobs, underscoring its long-term economic impact on the Saudi startup ecosystem.
Beyond funding, the Riyadh Seed Program offers a comprehensive venture-building model focused on hands-on strategic mentorship, operational capacity building, specialized training, and investor exposure, enabling founders to build scalable and investment-ready companies.
Startups Driving Innovation Across Key Sectors
The sixth cohort reflects the depth and diversity of innovation in the Saudi market, spanning artificial intelligence, data infrastructure, fintech, healthtech, enterprise software, AI-enabled IoT, smart mobility, and retail analytics.
Participating startups include CoreTechX (intelligent search and document analysis), Digital Petroleum (AI and IoT solutions for energy and industrial sectors), Bookahospi (digital infrastructure for global healthcare workforce mobility), Sanadk (accounting and tax automation), Nero (autonomous delivery vehicles), MEDirect (virtual clinic solutions), and Rintel (AI-powered consumer goods analytics).
The Demo Day highlights the importance of institutional collaboration in building a globally competitive venture capital ecosystem and reinforces the strategic role of Flat6Labs and F6 Ventures in positioning Saudi Arabia as a regional hub for innovation and investment in line with Vision 2030.