Riyadh - Sharikat Mubasher: Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), and the multi-stage venture capital firm, 500 Global, announced Batch 10 of the Sanabil Accelerator by 500 Global.

The new cohort aims to foster innovation and drive growth across various sectors, including AI, cybersecurity, data infrastructure, e-commerce, e-commerce enablement, fintech, and marketing technology, the company announced in an official statement today.

Batch 10 companies are: Edufi, Governata, Local, Maison Safqa, Raspire, Scenario X, Seen AI, ShipTag, and WOW AI. Out of over 735 applications received, these promising companies have been selected for their potential to build from MENA to the world, demonstrating real traction, deep customer understanding, and technology that could scale rapidly.

Amal Dokhan, Managing Partner at 500 Global MENA, said: “As we launch Batch 10 of the Sanabil Accelerator by 500 Global, we’re proud to see how far the ecosystem has come and are inspired by the entrepreneurs driving its next chapter of innovation and growth. Another sign of this growth is having founders return to the program with a new company after exiting their previous companies that were participants in past batches.”

In turn, a spokesperson at Sanabil Investments emphasized the company’s commitment to empowering exceptional founders with the capital, network, and guidance they need to scale globally.

The new batch introduced a more execution-driven model, focusing on rapid iteration, founder-to-founder insights exchange, and hands-on operator support.

Building on the success of past batches and the acceleration of 107 startups, the Sanabil Accelerator by 500 Global program continues to evolve as the ecosystem matures.