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Saudi Venture Capital, MENA's Flat6Labs launch $40m startup seed fund

RIYADH: Saudi Venture Capital, or SVC, and regional leader in seed and early-stage venture capital firm Flat6Labs have launched a $40 million startup seed fund. Over the next three years, the fund aims to back startups with growth potential, and provide over 20 startups each year with seed capital. The fund’s size, which is around SR150 million ($40 million), will be utilized
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