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  1. Mubasher News
  2. F6 Group launches with $90mn fund to back startups in MEA

F6 Group launches with $90mn fund to back startups in MEA

GHADA.ISMAIL
Aug 6, 2025
The new platform combines Flat6Labs and F6 Ventures to bridge funding gaps and scale innovation across emerging markets

Riyadh – Sharikat Mubasher: F6 Group, a new platform combining venture capital and entrepreneurial support, officially launched, bringing together the newly formed F6 Ventures and the well-established startup accelerator Flat6Labs under one roof.

At the heart of the group is F6 Ventures, a seed-stage investment firm managing six funds with over $90 million in assets under management.

Co-founded by Dina el-Shenoufy and Ramez El-Serafy, the firm aims to fill a critical funding gap in the Middle East and Africa by backing early-stage startups at the seed and pre-seed levels. The team, alongside regional partners in Riyadh, Abu Dhabi, Amman, Tunis, and Nairobi, has already invested in over 300 companies to date.

Flat6Labs will continue operating as the region’s flagship startup accelerator, focusing on founder support and ecosystem growth across emerging markets.

Under the leadership of el-Shenoufy as CEO and Hany Al Sonbaty as Chairman, F6 Group plans to expand its venture capital footprint, aiming to grow its AUM to $200 million and invest in over 200 startups in the next five years

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F6 Group
Flat6Labs
startup accelerator
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Rawajeh Group acquires stake in Khwarizmi Holding
Riyadh - Sharikat Mubasher: Rawajeh Group, a leading real estate developer in Saudi Arabia, signed an investment agreement to acquire a stake in Khwarizmi Holding.This strategic partnership aims to promote growth and maximize sustainable value in the Saudi market, according to a recent statement by Rawajeh Group.The investment aligns with Rawajeh Group’s expansion strategy that focuses on investing in companies with mature corporate structures, clear operational capabilities, and a long-term vision for growth.    Khwarizmi Holding adopts an investment model that focuses on building long-term value by diversifying investment tools, including venture capital (VC), private equity (PE), and global real estate funds. This aligns with Rawajeh Group’s approach towards investing in entities capable of achieving balanced and sustainable growth.Aqeel Alrajhi, CEO of Rawajeh Group, stated that the investment reflects the group’s confidence in Khwarizmi Holding’s robust business model and its ability to manage specialized investments in private markets efficiently.For his part, Ibrahim Almojel, Founding Partner at Khwarizmi Holding, affirmed that the partnership will help the company accelerate the execution of its investment strategy that focuses on building specialized platforms in private markets and developing diverse investment products that meet the expectations of institutional investors.Moreover, this collaboration reflects the shared vision of both entities to build an investment ecosystem that is based on integration and added value.

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