Egyptian startup incubator Flat6Labs introduces seed-fund investment company F6 Ventures
F6 Ventures, a newly-launched seed-stage investment firm under the umbrella of F6 Group, is making waves in the Middle East and Africa (MENA) region. With a focus on startups across these emerging markets, F6 Ventures aims to bridge funding gaps at the pre-seed and seed stages.
The venture capital firm, co-founded by Dina el-Shenoufy and Ramez El-Serafy, manages six funds with over $90 million in assets under management (AUM). F6 Ventures operates alongside Flat6Labs, the region’s leading startup accelerator, as part of F6 Group’s integrated strategy to support founders and ecosystems.
F6 Ventures has a strategic presence with headquarters in Cairo and offices in Riyadh, Abu Dhabi, Amman, Tunis, and Nairobi. The firm's goal is to grow assets under management to $200 million and to invest in over 200 companies within five years.
One of the key pillars of F6 Ventures' new strategy is the Africa Seed Fund, with a target size of US$85 million and a hard cap of US$100 million. While specific details about the Africa Seed Fund were not separately highlighted, the firm’s broader plan includes launching new regional funds in Africa as part of its expansion strategy.
Flat6Labs, a MENA-focused investor and accelerator, runs various startup programs in countries such as Egypt, Lebanon, Tunisia, Bahrain, Jordan, the UAE, and Saudi Arabia. The company has reorganized its operations after 14 years, with F6 Ventures being a significant part of this transformation.
El-Shenoufy stated that F6 Ventures marks a new era in their journey, bringing focused capital and sharper execution to support the region's boldest founders. The firm's historical portfolio includes more than 300 companies, positioning it as a critical player addressing early-stage funding gaps in emerging tech ecosystems across these regions.
In summary, F6 Ventures is a seed-stage VC firm under F6 Group focused on Middle East and Africa startups. It plans to launch new regional funds in Africa, the Gulf Cooperation Council (GCC), and the Levant, aiming for $200M AUM and 200+ startups funded in five years. The Africa Seed Fund is part of this regional fund initiative, focusing on early-stage African startups. F6 Group includes F6 Ventures and Flat6Labs, with the goal of integrating venture capital and entrepreneurial support.
- Co-founders Dina el-Shenoufy and Ramez El-Serafy manage six funds at F6 Ventures, which has over $90 million in assets under management (AUM), aiming to invest in over 200 companies within five years.
- F6 Ventures, a seed-stage VC firm under F6 Group, plans to launch new regional funds in Africa, the Gulf Cooperation Council (GCC), and the Levant, and has a strategic goal to grow assets under management to $200 million.
- One of the key parts of F6 Ventures' new strategy is the Africa Seed Fund with a target size of US$85 million, focusing on early-stage African startups.
