Nine companies will present live at Demo Day on December 17, 2025
RIYADH, Saudi Arabia–(BUSINESS WIRE/AETOSWire)– 500 Global, a multi-stage venturecapital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund(PIF), announce the tenth batch of the Sanabil Accelerator by 500 Global. This new cohort aimsto foster innovation and drive growth across various sectors, including AI, cybersecurity, datainfrastructure, e-commerce, e-commerce enablement, fintech, and martech. Out of 735+applications received, nine promising companies have been selected for their potential to buildfrom MENA to the world. These nine companies stood out for demonstrating real traction, deepcustomer understanding, and technology that could scale rapidly.Demo Day will take place on Wednesday, Dec 17, 2025, with a curated group from the venturecapitalist community in attendance.Building on the success of past batches and the acceleration of 107 startups, the program continuesto evolve as the ecosystem matures. This cohort introduced a more execution-driven model,focusing on rapid iteration, founder-to-founder insights exchange, and hands-on operator support.The goal this year was simple: compress time, shorten cycles, and accelerate revenue outcomes,not just share knowledge.“Over the years, we’ve grown alongside our startups – learning, evolving, and adapting to thedynamic spirit of the MENA region. As we launch Batch 10 of the Sanabil Accelerator by500 Global, we’re proud to see how far the ecosystem has come and are inspired by theentrepreneurs driving its next chapter of innovation and growth. Another sign of this growthis having founders return to the program with a new company after exiting their previouscompanies that were participants in past batches. We believe we are entering a new era ofmaturity in the ecosystem and we are proud to participate in the growth of the movement,”said Amal Dokhan, Managing Partner at 500 Global MENA.“As more entrepreneurs apply to Sanabil Accelerator by 500 Global than ever before, we seeclear evidence of the growing confidence and ambition within Saudi Arabia’s startupecosystem. At Sanabil, we are committed to empowering exceptional founders with thecapital, network and guidance they need to scale globally. The innovations emerging fromthis program are not only advancing industries, they are contributing to economicdiversification, creating opportunities and improving lives in Saudi Arabia and beyond. Welook forward to showing the region and the world this next wave of innovators, thinkers, andbuilders,” said a spokesperson at Sanabil Investments.The following is the list of Batch 10 companies that have made it through to the final round:
Edufi – Buy now, pay later for education.• Governata – Enables organizations to adopt Gen-AI faster and more effectively bygoverning, refining, and enhancing the quality of their data.• Local – A QR payments platform helping businesses that serve customers on site get paidin just 10 seconds.• Maison Safqa – Turns overstock into revenue by making premium and luxury brandsaccessible to new customers through online flash events.• Raspire – A no-code platform that helps businesses secure their mobile apps and protectuser data against cyber threats.• Scenario X – An AI and quantum platform empowering financial institutions to makefaster, and more insightful risk decisions where traditional models fall short.• Seen AI – A platform that boosts brands’ visibility in AI search results, turning promptsinto profits.• ShipTag – An e-commerce platform that unlocks global sales for local e-commerce brandsby managing localization, payments, and shipping for their international orders.• WOW AI – Saves e-comm merchants hundreds of hours monthly by proactively givingrecommendations, managing promotions, orders and products, all through chat.With the tenth batch concluding in December, applications for the next cohort are open. Startupsfrom across the MENA region are invited to join a growing community of ambitious foundersshaping the future of innovation in the region. Apply here.About 500 Global500 Global is a multi-stage venture capital firm with $2.2B in assets under management1 thatinvests in founders building fast-growing technology companies. We focus on markets wheretechnology, innovation, and capital can unlock long-term value and drive economic growth anddevelopment. We work closely with key stakeholders and advise governments on how best tosupport entrepreneurial ecosystems and economic development in emerging markets. 500 Globalhas backed 5,000+ founders representing 3,000+ companies operating in 80+ countries. We haveinvested in 35+ companies valued at over $1 billion and 160+ companies valued at over $100million (including private, public, and exited companies)1. We have launched 200+ startupprogram batches in 24 markets, accelerated 4,000+ startups, and mentored 6,000+ founders. Our175+ team members are located across 25+ countries and bring experience as entrepreneurs,investors, and operators from some of the world’s leading technology companies.1 FIGURES DENOTED ARE AS OF JUNE 30, 2025FIGURES DENOTED WITH A “+” ARE APPROXIMATIONS FOR CONVENIENCE:WHERE THE FIGURE RELATES TO A VALUATION, THE ACTUAL VALUE IS ABOVETHE FIGURE STATED AND WHERE THE FIGURE DOES NOT RELATE TO AVALUATION OR IS AN AGGREGATION, THE ACTUAL VALUE IS WITHIN A 10%DIFFERENCE OF THE INDICATED FIGURE.About Sanabil Investments
Sanabil is a financial investment company wholly owned by the Public Investment Fund (PIF),that commits more than $3 billion in capital per annum into global private investments that includeVC/Growth. Sanabil is a dynamic, nimble, and highly experienced team of investmentprofessionals. Sanabil provides partners with patient capital, the ability to invest across multiplefunding rounds, and access to the region. At Sanabil, we invest in great ideas, minds, andcompanies.For more information, please visit www.sanabil.com.DEMO DAY IS AN INVITATION-ONLY EVENT AND THE INTENDED AUDIENCE FORTHIS EVENT IS LIMITED TO “ACCREDITED INVESTORS” AS DEFINED INREGULATION D UNDER THE SECURITIES ACT OF 1933, AS AMENDED, ANDMEMBERS OF THE PRESS. ALL CONTENT PROVIDED IN THE EVENT IS PROVIDEDFOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY AND SHOULDNOT BE CONSTRUED AS INVESTMENT, LEGAL, TAX OR ACCOUNTING ADVICE BY500 GLOBAL OR ANY OF ITS AFFILIATES OR AS AN OFFER TO SELL ORSOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES. NO CONTENT ORINFORMATION CONTAINED IN THE EVENT IS OR IS INTENDED AS AN OFFER TOPROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500GLOBAL. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY ORINFORMATION CONTAINED IN THIS DEMO DAY AND NO LIABILITY CAN BEACCEPTED FOR ANY ERROR OR OMISSIONS. UNDER NO CIRCUMSTANCES SHOULDANY CONTENT HEREIN OR IN THE EVENT BE CONSTRUED AS FUND MARKETINGMATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTOANY 500 GLOBAL INVESTMENT FUND. INCLUSION AS A PRESENTING COMPANY INDEMO DAY DOES NOT NECESSARILY CONFIRM INVESTMENT BY A 500 GLOBALFUND IN SUCH COMPANY. 500 GLOBAL HAS NOT TAKEN ANY ACTIONS TOQUALIFY THE DISTRIBUTION OF THE EVENT UNDER THE SECURITIES LAWS OFANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONSOUTSIDE OF THE UNITED STATES WHO VIEW THE EVENT MUST OBSERVE ANYAPPLICABLE LAWS AND RESTRICTIONS RELATING TO VIEWING THIS EVENT ANDANY RELATED ACTIVITIES OUTSIDE OF THE UNITED STATES.View source version onbusinesswire.com: https://www.businesswire.com/news/home/20251201894813/en/*Source: AETOSWireContactsMedia contactsQuestions or further discussion regarding the startups or 500 Global’s accelerators can bedirected to (pr***@*00.co)
