Flat6Labs Bahrain distributes $250,000 among cohort winners
Flat6Labs Bahrain announced that eight startups have received $250,000 investment as part of its sixth cycle, which concluded after a four-month acceleration program. The startups work in a number of industries, including proptech, fintech, entertainment, e-commerce, and enterprise software. Each of them received an investment of $32,000.
The sixth cycle received over 200 applications from more than 50 countries. They were then narrowed down to a final selection of eight startups, which will be showcasing their businesses in the accelerator’s Sixth Demo Day on 23 February.
Ali Fakhro, managing director of Flat6Labs Bahrain, said: “This has been one of our most interesting cycles as it includes innovative startups that have already achieved traction or are ready to be deployed in the market, including fintech startups with fascinating concepts.
Source Credit: Wamda
