Falak Startups launches first startups virtual stage
Egypt-based startup accelerator Falak Startups has unveiled its launched a virtual platform to connect startups and investors.
The digital platform enables investors to access information on the startups pitching for investment in a streamlined and interactive way, by including videos content showcasing the startups through teasers and pre-recorded pitches. It also provides an overview of its programme and developments taking place during the Covid-19 pandemic.
The digital platform was launched with the support of Egypt Ventures and the Ministry of International Cooperation.
“This platform is intended for serious active investors, VCs, funding institutions, and angel investors wanting to connect with the Falak Startups portfolio companies and in turn contributing to their growth,” said Yousef ElSammaa, CEO of Falak Startups.
Currently, the platform hosts the Cycle 3 cohort, which will soon graduate from the Falak Startups programme.
Founded in 2018, Falak Startups runs a six-month acceleration programme, offering up to EGP 1 million($63,000) investment to seed-stage startups.