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500 Global and Sanabil Investments Launch Batch 11 Accelerator Program to Advance Eight Technology Startups Across the Middle East and North Africa

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A new group of technology startups has completed the latest edition of the Sanabil Accelerator by 500 Global, marking the conclusion of the program’s eleventh cohort after several months of intensive mentoring, networking, and business development.

The accelerator is a collaboration between 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned subsidiary of Public Investment Fund.

The initiative is designed to support promising startups across the Middle East and North Africa by providing founders with the resources needed to scale innovative businesses.

Four-Month Program Focused on Startup Growth

The eleventh batch ran from April 5 through July 1, 2026, bringing together eight carefully selected startups representing a wide range of technology sectors.

Throughout the program, founders participated in hands-on mentoring sessions, workshops led by experienced operators, and networking opportunities connecting them with both regional and international investors, industry experts, and ecosystem partners.

The program concluded with a Demo Day held on July 1, where participating companies showcased their businesses to potential investors and strategic partners.

Diverse Portfolio Highlights Emerging Technology Trends

Batch 11 reflects growing demand for innovation across industries including artificial intelligence, financial technology, healthcare, cybersecurity, insurance technology, compliance, and digital media.

The selected startups are developing solutions that address real-world business and consumer challenges, ranging from AI-powered diagnostics and fraud detection to payment infrastructure, content monetization, and financial management platforms.

Eight Startups Selected for Batch 11

The latest cohort features companies tackling a broad range of market opportunities:

  • Carevision has developed an artificial intelligence platform capable of turning a standard smartphone camera into a cardiometabolic risk assessment tool that delivers results in approximately one minute.
  • Emtethal combines computer vision and Internet of Things technologies to help hospitality businesses monitor food safety standards and identify operational violations in real time.
  • IBEA focuses on improving business-to-business payments by enabling suppliers to access early, debt-free financing while allowing buyers to generate value from payment timing.
  • Kami offers AI-powered tools designed to help Generation Z content creators monetize their work by converting short fictional stories into interactive, multi-format digital experiences.
  • Melon Digital provides an insurance technology platform featuring personalized coverage options, transparent pricing, and AI-assisted claims processing through mobile devices.
  • Raid AI specializes in detecting deepfakes across multiple digital channels, helping organizations reduce risks associated with identity theft and online fraud.
  • TPP develops Arabic-language media intelligence solutions that enable brands to make more informed marketing decisions using data-driven insights.
  • Xsquare delivers a unified financial operations platform that allows businesses to consolidate financial information from multiple systems, simplifying money management and operational oversight.

Applications Open for the Next Accelerator Cohort

With Batch 11 now complete, the organizers have begun accepting applications for the accelerator’s next cohort.

Entrepreneurs interested in joining future editions of the Sanabil Accelerator by 500 Global can apply through the program’s official application portal.

Interested founders can learn more and submit applications through the Sanabil Accelerator application page.

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About Adeayo Oluwasewa Badewo

A performance driven and goal oriented young lady with excellent verbal and non-verbal communication skills. She is experienced in creative writing, editing, proofreading, and administration. Oluwasewa Badewo is also skilled in Customer Service and Relationship Management, Project Management, Human Resource Management, Team work, and Leadership with a Master's degree in Communication and Language Arts (Applied Communication).