Riyadh - Sharikat Mubasher: Flat6Labs, the leading seed and early-stage venture capital firm in the MENA region, revealed its funding support for the Egyptian artificial intelligence (AI) company, Darwinz AI, through its Startup Seed Fund in Saudi Arabia.

In a statement, Flat6Labs stated that Darwinz AI joined Cycle 5 of the Riyadh Seed Program, supported and funded by the Startup Seed Fund, as an AI Copilot for brand managers that increases their daily productivity by up to 80%.

This investment will accelerate Darwinz AI’s regional expansion plans.

Darwinz AI, founded by Mohy Aboualam and Emad Elazhary, provides off-the-shelf tools and tailored services to help businesses make data-driven decisions that add real value by impacting the business's most-valued KPIs.  

Leveraging the latest innovation in AI and data science fields, Darwinz AI provides tools that extract market-specific data insights, real customer trends, and future forecasts and predictions that impact the various business stakeholders and ensure the business stays at the top of its game.

It is worth mentioning that Flat6Labs recently announced its investment in T-Gate through the Startup Seed Fund.

Founded in 2023, the Startup Seed Fund focuses on investing in early-stage startups operating in the technology and innovation sectors in Saudi Arabia. With a capital amounting to SAR 75 million, the fund aims to enable startups to receive follow-on funding up to SAR 2.4 million.