500 Global & Sanabil Launch 10th Saudi Accelerator

500 Global and Sanabil Investments have launched the tenth cohort of the Sanabil Accelerator, selecting nine startups from over 735 applications for a 12 week program.

500 Global and Sanabil Investments have launched the tenth edition of the Sanabil Accelerator by 500 Global, selecting nine startups from more than 735 applications for a 12 week program concluding with Demo Day on December 17, 2025. The announcement was confirmed through a detailed release on Business Wire. The nine selected startups are: Edufi, Governata, Local, Maison Safqa, Raspire, Scenario X, Seen AI, ShipTag, and WOW AI.

The accelerator’s new cohort spans sectors including AI, cybersecurity, data infrastructure, fintech, martech, and e commerce enablement, reflecting an expansion into categories that mirror rising investment activity across the MENA region. Program details published by Arageek highlight that the selected startups demonstrated measurable traction, customer validation, and clear opportunities for scalable growth.

Over the next 12 weeks, founders will participate in targeted growth experiments, product refinement cycles, weekly mentoring, and investor readiness sessions in preparation for their final presentations. The program’s structure follows the same model used in the previous cohort, Batch 9, which was documented by Business Wire and similarly graduated nine startups.

500 Global, a multi-stage venture firm managing billions in assets and known for backing global companies such as Canva and Talkdesk, brings its worldwide mentor network and scaling expertise to the program. Its partnership with Sanabil Investments, a growth stage investment firm affiliated with Saudi Arabia’s Public Investment Fund, provides participating startups with access to strategic regional networks and market expansion pathways, according to the accelerator announcement on Business Wire.

With Demo Day set for mid-December, the Batch 10 reveal marks another step in Saudi Arabia’s effort to strengthen its startup pipeline and attract regional founders seeking structured acceleration and institutional backing. Additional program insights were also highlighted by Zawya and coverage from WAYA, which underscored the increasing competitiveness of applications across the MENA ecosystem.