logo
#

Latest news with #RamezEl-Serafy

F6 Group Launches to Unite VC and Startup Support Across MEA
F6 Group Launches to Unite VC and Startup Support Across MEA

Fintech News ME

time06-08-2025

  • Business
  • Fintech News ME

F6 Group Launches to Unite VC and Startup Support Across MEA

F6 Group, a newly established entity combining venture capital and entrepreneurial support, has officially launched, comprising two key components: F6 Ventures, a newly formed seed-stage investment firm, and Flat6Labs, a well-established startup accelerator platform in the Middle East and Africa. The formation of F6 Group marks a development in a 14-year legacy, aiming to deliver more focused investment strategies, broader regional engagement, and enhanced support mechanisms for founders and ecosystems throughout the region. Central to this shift is the launch of F6 Ventures, the Group's dedicated venture capital arm. With over US$90 million in assets under management across six funds and a combined track record of over 300 investments, F6 Ventures will focus on pre-seed and seed-stage investments across the Middle East and Africa. The firm aims to address a persistent funding gap at the earliest stages of startup development. Co-founded by Dina el-Shenoufy and Ramez El-Serafy, the firm builds on the work of Flat6Labs, previously under their leadership. It intends to support early-stage technology-driven innovation and founders across emerging markets. 'F6 Ventures marks a new era in our journey, bringing focused capital and sharper execution to support the region's boldest founders,' said Dina el-Shenoufy, Co-Founder and General Partner at F6 Ventures. 'We are extending our commitment to early-stage startups to help them scale from idea to impact.' Headquartered in Cairo, with offices in Riyadh, Abu Dhabi, Amman, Tunis, and Nairobi, F6 Ventures is supported by a team of regional partners including Eyad Albayouk, Ryaan Sharif, Rasha Manna, Walid Triki, and Christine Namara, each bringing experience across venture capital, entrepreneurship, and ecosystem development in the region. Flat6Labs, meanwhile, continues as a standalone brand within F6 Group, with Yehia Houry appointed as its new CEO. The platform will continue to lead on founder support and innovation programmes across emerging markets, with a sharpened focus on programme delivery and ecosystem development. Flat6Labs remains one of the region's most prominent platforms for early-stage support and startup programme implementation. The Group is chaired by Hany Al Sonbaty, with Dina el-Shenoufy serving as CEO, providing strategic alignment across its investment and support activities. Looking ahead, F6 Ventures plans to launch additional regional funds across Africa, the GCC, and the Levant, with an ambition to expand assets under management to US$200 million and back over 200 startups in the next five years. F6 Group brings together capital and entrepreneurial programming under a single structure to serve startup ecosystems across emerging markets.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store