Flat6Labs, in partnership with DisruptAD, the venture platform of ADQ, unveiled the 10 new start-ups that have been selected for the fourth cycle of the flagship Flat6Labs Ignite program. These organisations, which were picked after a comprehensive selection process involving over 960 applicants from across the world, will now look to leverage the seed funding and world-class mentorship provided by the program to drive disruptive change in the region and beyond.
“Owing to the growing popularity and proven track record of our program, and the initiatives undertaken by the UAE government to establish the nation’s capital as a global hub for entrepreneurship, the quality of applicants for this fourth cycle has been truly impressive. The start-ups that comprise our latest cohort have demonstrated the potential to revolutionise their market segments. With access to our world-class mentorship program, as well as the ability to leverage start-up friendly banking services (through our partnership with Wio Bank) and avail of fast-track access to the UAE golden visa (through our partnership with Abu Dhabi Residents Office), these organisations will be primed for success,” said Ryaan Sharif, General Manager at Flat6Labs UAE.
In keeping with the overarching objective of the Flat6Labs Ignite program, a common trait shared by each of the newly selected start-ups is their focus on leveraging technology to drive disruptive change in their respective market segments. Of the set, seven are home-grown in the UAE, while the others were founded in Spain, the USA and Bahrain. As with previous cohorts and aligning with the government’s efforts to establish the Capital as a global entrepreneurial hub and centre for innovation, the three international organisations will now relocate their founders, leadership teams and core operations to Abu Dhabi.
The 10 new Flat6Labs Ignite start-ups operate in key market segments including Web 3.0 technologies, eCommerce enablement, EdTech and HealthTech.