Flat6Labs marked a major milestone in Riyadh with the graduation of the sixth cohort of its Riyadh Seed Program. The program continues to shape Saudi Arabia’s startup ecosystem. It focuses on early stage founders. It supports growth, capital access, and job creation at scale.
Funded by F6 Ventures, the program runs in partnership with Saudi Venture Capital Company and key national ecosystem partners. These include Jada Fund of Funds and Riyadh Valley Company.
A Program Built for Long Term Impact
Since its launch in 2023, the Riyadh Seed Program has delivered strong results. It has grown into one of the most effective seed platforms in the Kingdom.
Program outcomes include:
- Support for more than 60 startups
- Deployment of nearly USD 17 million in seed investments
- Attraction of around USD 38 million in follow on funding
- Enablement of over 130 founders
- Creation of more than 440 jobs
These results show sustained impact. They also reflect strong alignment with national innovation goals.
Strong Institutional and National Support
The program benefits from wide institutional backing. National Technology Development Program supports the initiative through its Accelerator Enablement Product.
This backing ensures:
- Strategic alignment with national priorities
- Long term ecosystem sustainability
- Access to public and private sector networks
Flat6Labs works closely with national entities to strengthen early stage venture formation across Saudi Arabia.
More Than Capital for Founders
The Riyadh Seed Program offers more than funding. It delivers a full startup enablement model designed around founder needs.
Core program pillars include:
- Practical and hands on mentorship
- Strategic and operational guidance
- Specialized founder training
- Investor access and exposure
This market driven approach helps founders build scalable and investment ready companies. It also improves survival and growth rates beyond the seed stage.
Sixth Cohort Highlights and Sector Focus
The sixth cohort featured startups across high growth sectors. These sectors align with Saudi Arabia’s future economy.
Key focus areas included:
- Artificial intelligence
- FinTech
- HealthTech
- Internet of Things
- Smart mobility
Founders presented their solutions to investors, partners, and media during the closing day. The event created strong visibility and deal flow opportunities.
Portfolio Growth and Ecosystem Momentum
During the event, F6 Ventures reviewed its largest annual investment portfolio to date. The review highlighted the fund’s growing footprint and market activity.
The Riyadh Seed Program now stands as a proven engine for early stage growth. It links capital, talent, and national ambition. Flat6Labs continues to play a central role in building Saudi Arabia’s next generation of startups.