RIYADH / LONDON (IT BOLTWISE) – 500 Global and Sanabil Investments’ Sanabil Accelerator has unveiled its tenth cohort, consisting of nine selected startups. These companies were selected from over 735 applications from the MENA region and cover a variety of sectors including artificial intelligence, cybersecurity and fintech. The initiative aims to strengthen the region’s innovative strength and promote the international scalability of technologies.
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The Sanabil Accelerator, a collaboration between 500 Global and Sanabil Investments, recently announced its tenth cohort. This includes nine promising startups that were selected from over 735 applications from the MENA region. The initiative, based in Riyadh, aims to promote the region’s innovative strength and support the international scalability of technologies.
The selected startups cover a wide range of sectors including artificial intelligence, cybersecurity, data infrastructure, e-commerce, fintech and martech. The selection criteria placed particular emphasis on measurable successes, customer understanding and technologies with international scaling potential. Since the program’s launch, over a hundred startups have been accelerated, with an increasing focus on implementation.
Companies in the tenth cohort include Edufi, which offers buy-now-pay-later solutions for education, and Governata, a data quality improvement platform for generative AI. Other participants include Local, a QR payment platform, and Maison Safqa, which converts excess inventory into sales. Raspire offers a no-code platform for securing mobile apps, while Scenario X helps financial institutions assess risk.
The Demo Day event is scheduled for December 17, 2025, where the nine companies will present their progress to a select group of venture capitalists and investors. The event is limited to accredited investors and members of the press. The organizers emphasize the growing dynamism of the Saudi Arabian startup landscape and the increasing global attention for founders from the region.
Amal Dokhan, Managing Partner at 500 Global MENA, expressed optimism about the development of the region’s startup ecosystems and emphasized the importance of founders returning with new businesses. A spokesperson from Sanabil Investments highlighted the growing confidence and ambition within the Saudi Arabian startup scene and emphasized the commitment to supporting exceptional founders with capital, network and guidance.
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