Latest news with #500Global
Business Upturn
2 days ago
- Business
- Business Upturn
500 Global Taps UN SDG Architect, Dr. Alaa Murabit, to Launch Firm's New Offerings in Sustainable Growth
Business Wire India 500 Global, one of the world's most active venture capital firms1, today announced the appointment of Dr. Alaa Murabit as Managing Partner of Sustainable Growth. She will oversee the firm's Sustainable Growth practice created to accelerate economic resilience by mobilizing capital and capabilities across climate, health and human development in frontier and emerging markets. This press release features multimedia. View the full release here: 500 Global's Sustainable Growth practice aims to create financing strategies, educational programs, advisory platforms, and catalytic initiatives that bring together public, private, and philanthropic capital to deliver sustainable economic results. A globally recognized expert in health, climate, sustainable development, and inclusive security, Dr. Alaa Murabit has shaped policies and financing that have impacted 193+ countries, played a pivotal role in the creation of the United Nations Sustainable Development Goals and mobilized over $25 billion in financing for global health, sustainability, and security. Dr. Alaa Murabit led Phase Minus 1, was CEO of IMPACT2030, and, most recently, created two innovative financing platforms and directed a $300M/year global portfolio at the Gates Foundation, leading maternal and child health, climate and health security, and innovation. 'Economic development has always been an impact of the investments 500 Global has made, and we're delighted that Dr. Alaa Murabit has joined us to multiply that impact. Her appointment reinforces the growing global consensus that venture capital, when aligned with national priorities and de-risked through blended finance and public-private partnerships, can serve as a catalytic engine for inclusive growth and long-term development impact.' – Courtney Powell, COO & Managing Partner, 500 Global In an era marked by climate shocks, geopolitical volatility, and rising inequality, the need for resilient, inclusive economic systems has never been greater. Dr. Alaa Murabit's appointment signals a strategic shift in emerging markets: from fragmented, short-cycle investments to long-term value creation through blended finance, public-private alignment, and co-created national innovation infrastructure. Her leadership will expand 500 Global's ability to work with sovereign funds, governments, development finance institutions, and philanthropies to scale inclusive economic growth by de-risking investment and innovation. She will be based in Abu Dhabi, United Arab Emirates. 500 Global has been committed to ecosystem development since 2010. Working closely with national allocators like Georgia's Information and Technology Agency and Sanabil Investments (a wholly owned subsidiary of Saudi Arabia's Public Investment Fund), the firm has embedded and developed its investment thesis by co-creating localized venture capital infrastructure to address local challenges and scale solutions globally. In 2023, they launched the Rise Report, which highlighted 30 rise economies – the 30 largest, fast growing economies outside of the US and China – inclusive of Mexico, Egypt, Saudi Arabia, India, South Korea and more where 500 has had an ongoing presence. This report examined potential venture funding gaps; inviting allocators and policymakers to join forces toward the goal of accelerating global venture ecosystems that drive national development, economic growth and resilience. With Dr. Alaa Murabit's appointment, 500 Global is doubling down, replacing fragmented development efforts with scalable public-private finance strategies, and building the enabling environment for sustainable economic transformation. 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes. 500 Global is showing what's possible when we reimagine how capital serves both people and planet. I'm excited to lead and advance that vision globally.' – Dr. Alaa Murabit, Managing Partner, Sustainable Growth, 500 Global About 500 Global 500 Global is a multi-stage venture capital firm with $2.1B in assets under management2 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies)3. THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN BASED ON INTERNAL DATA AGGREGATED ACROSS ALL 500 GLOBAL FUNDS AS OF MARCH 31, 2025 AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME. UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE. UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND. ____________________ 1 Based on PitchBook's 2024 Global League Tables. 2 ASSETS UNDER MANAGEMENT (AUM) CALCULATIONS ARE BASED ON INTERNAL ESTIMATES AS OF MARCH 31, 2025. 3 AS OF DECEMBER 31, 2024. INCLUDES PRIVATE, PUBLIC AND EXITED COMPANIES. FOR EXITED POSITIONS, VALUATION DATE IS DATE OF EXIT. THESE FIGURES ARE ESTIMATES, AGGREGATED ACROSS ALL PORTFOLIO COMPANIES HELD ACROSS ALL FUNDS ADVISED BY 500 GLOBAL AND ITS AFFILIATES, AND ARE BASED ON INTERNAL DATA AND PORTFOLIO INFORMATION SUPPLIED BY EXTERNAL SOURCES WHICH HAVE NOT BEEN VERIFIED, AND MAY NOT BE ACCURATE OR UPDATED. THESE VALUATIONS ARE ESTIMATED IN ACCORDANCE WITH 500 GLOBAL'S VALUATION POLICY. SEE FOR A FULL LIST OF PORTFOLIO COMPANIES. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Business Wire
2 days ago
- Business
- Business Wire
500 Global Taps UN SDG Architect, Dr. Alaa Murabit, to Launch Firm's New Offerings in Sustainable Growth
SAN FRANCISCO--(BUSINESS WIRE)-- 500 Global, one of the world's most active venture capital firms 1, today announced the appointment of Dr. Alaa Murabit as Managing Partner of Sustainable Growth. She will oversee the firm's Sustainable Growth practice created to accelerate economic resilience by mobilizing capital and capabilities across climate, health and human development in frontier and emerging markets. 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes." Share 500 Global's Sustainable Growth practice aims to create financing strategies, educational programs, advisory platforms, and catalytic initiatives that bring together public, private, and philanthropic capital to deliver sustainable economic results. A globally recognized expert in health, climate, sustainable development, and inclusive security, Dr. Alaa Murabit has shaped policies and financing that have impacted 193+ countries, played a pivotal role in the creation of the United Nations Sustainable Development Goals and mobilized over $25 billion in financing for global health, sustainability, and security. Dr. Alaa Murabit led Phase Minus 1, was CEO of IMPACT2030, and, most recently, created two innovative financing platforms and directed a $300M/year global portfolio at the Gates Foundation, leading maternal and child health, climate and health security, and innovation. 'Economic development has always been an impact of the investments 500 Global has made, and we're delighted that Dr. Alaa Murabit has joined us to multiply that impact. Her appointment reinforces the growing global consensus that venture capital, when aligned with national priorities and de-risked through blended finance and public-private partnerships, can serve as a catalytic engine for inclusive growth and long-term development impact.' – Courtney Powell, COO & Managing Partner, 500 Global In an era marked by climate shocks, geopolitical volatility, and rising inequality, the need for resilient, inclusive economic systems has never been greater. Dr. Alaa Murabit's appointment signals a strategic shift in emerging markets: from fragmented, short-cycle investments to long-term value creation through blended finance, public-private alignment, and co-created national innovation infrastructure. Her leadership will expand 500 Global's ability to work with sovereign funds, governments, development finance institutions, and philanthropies to scale inclusive economic growth by de-risking investment and innovation. She will be based in Abu Dhabi, United Arab Emirates. 500 Global has been committed to ecosystem development since 2010. Working closely with national allocators like Georgia's Information and Technology Agency and Sanabil Investments (a wholly owned subsidiary of Saudi Arabia's Public Investment Fund), the firm has embedded and developed its investment thesis by co-creating localized venture capital infrastructure to address local challenges and scale solutions globally. In 2023, they launched the Rise Report, which highlighted 30 rise economies - the 30 largest, fast growing economies outside of the US and China - inclusive of Mexico, Egypt, Saudi Arabia, India, South Korea and more where 500 has had an ongoing presence. This report examined potential venture funding gaps; inviting allocators and policymakers to join forces toward the goal of accelerating global venture ecosystems that drive national development, economic growth and resilience. With Dr. Alaa Murabit's appointment, 500 Global is doubling down, replacing fragmented development efforts with scalable public-private finance strategies, and building the enabling environment for sustainable economic transformation. 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes. 500 Global is showing what's possible when we reimagine how capital serves both people and planet. I'm excited to lead and advance that vision globally.' – Dr. Alaa Murabit, Managing Partner, Sustainable Growth, 500 Global About 500 Global 500 Global is a multi-stage venture capital firm with $2.1B in assets under management 2 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies) 3. THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN BASED ON INTERNAL DATA AGGREGATED ACROSS ALL 500 GLOBAL FUNDS AS OF MARCH 31, 2025 AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME. UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE. UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND.
National Post
2 days ago
- Business
- National Post
500 Global Taps UN SDG Architect, Dr. Alaa Murabit, to Launch Firm's New Offerings in Sustainable Growth
Article content Dr. Alaa Murabit, TIME100 honoree, Gates Foundation Alum, and global security leader, will lead 500 Global's Sustainable Growth practice in emerging markets, advancing the firm's commitment to increase blended finance and public-private investment models that unlock innovation and inclusive economic development. Article content SAN FRANCISCO — 500 Global, one of the world's most active venture capital firms 1, today announced the appointment of Dr. Alaa Murabit as Managing Partner of Sustainable Growth. She will oversee the firm's Sustainable Growth practice created to accelerate economic resilience by mobilizing capital and capabilities across climate, health and human development in frontier and emerging markets. Article content 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes.' 500 Global's Sustainable Growth practice aims to create financing strategies, educational programs, advisory platforms, and catalytic initiatives that bring together public, private, and philanthropic capital to deliver sustainable economic results. Article content A globally recognized expert in health, climate, sustainable development, and inclusive security, Dr. Alaa Murabit has shaped policies and financing that have impacted 193+ countries, played a pivotal role in the creation of the United Nations Sustainable Development Goals and mobilized over $25 billion in financing for global health, sustainability, and security. Dr. Alaa Murabit led Phase Minus 1, was CEO of IMPACT2030, and, most recently, created two innovative financing platforms and directed a $300M/year global portfolio at the Gates Foundation, leading maternal and child health, climate and health security, and innovation. Article content 'Economic development has always been an impact of the investments 500 Global has made, and we're delighted that Dr. Alaa Murabit has joined us to multiply that impact. Her appointment reinforces the growing global consensus that venture capital, when aligned with national priorities and de-risked through blended finance and public-private partnerships, can serve as a catalytic engine for inclusive growth and long-term development impact.' – Courtney Powell, COO & Managing Partner, 500 Global In an era marked by climate shocks, geopolitical volatility, and rising inequality, the need for resilient, inclusive economic systems has never been greater. Dr. Alaa Murabit's appointment signals a strategic shift in emerging markets: from fragmented, short-cycle investments to long-term value creation through blended finance, public-private alignment, and co-created national innovation infrastructure. Her leadership will expand 500 Global's ability to work with sovereign funds, governments, development finance institutions, and philanthropies to scale inclusive economic growth by de-risking investment and innovation. She will be based in Abu Dhabi, United Arab Emirates. Article content 500 Global has been committed to ecosystem development since 2010. Working closely with national allocators like Georgia's Information and Technology Agency and Sanabil Investments (a wholly owned subsidiary of Saudi Arabia's Public Investment Fund), the firm has embedded and developed its investment thesis by co-creating localized venture capital infrastructure to address local challenges and scale solutions globally. Article content In 2023, they launched the Rise Report, which highlighted 30 rise economies – the 30 largest, fast growing economies outside of the US and China – inclusive of Mexico, Egypt, Saudi Arabia, India, South Korea and more where 500 has had an ongoing presence. This report examined potential venture funding gaps; inviting allocators and policymakers to join forces toward the goal of accelerating global venture ecosystems that drive national development, economic growth and resilience. Article content With Dr. Alaa Murabit's appointment, 500 Global is doubling down, replacing fragmented development efforts with scalable public-private finance strategies, and building the enabling environment for sustainable economic transformation. Article content 'Too often, global capital reaches communities late — or not at all. We need to redesign financing systems that prioritize local innovation, share risk more equitably, and align investment with sustainable, inclusive outcomes. 500 Global is showing what's possible when we reimagine how capital serves both people and planet. I'm excited to lead and advance that vision globally.' – Dr. Alaa Murabit, Managing Partner, Sustainable Growth, 500 Global About 500 Global 500 Global is a multi-stage venture capital firm with $2.1B in assets under management 2 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth and development. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems and economic development in emerging markets. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies) 3. Article content THE CONTENT IN THIS PRESS RELEASE IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED HEREIN AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNLESS OTHERWISE STATED IN THIS PRESS RELEASE, ANY PREDICTIONS, FORECASTS, CONCLUSIONS, VIEWS OR OPINIONS EXPRESSED REPRESENT THE CURRENT VIEW AND THINKING OF 500 GLOBAL WITH REGARD TO THE SUBJECT MATTER THEREIN BASED ON INTERNAL DATA AGGREGATED ACROSS ALL 500 GLOBAL FUNDS AS OF MARCH 31, 2025 AND/OR ANALYSIS WHICH HAS NOT BEEN INDEPENDENTLY VERIFIED, AND WHICH IS SUBJECT TO CHANGE AT ANY TIME. Article content UNDER NO CIRCUMSTANCES SHOULD ANY OF THE CONTENT IN THIS PRESS RELEASE BE CONSTRUED AS LEGAL, TAX OR INVESTMENT ADVICE FROM 500 GLOBAL OR ANY OF ITS AFFILIATES. 500 GLOBAL DOES NOT GUARANTEE ANY FUTURE RESULTS FOR ANY DECISIONS MADE BASED IN WHOLE OR IN PART ON THE CONTENT OR INFORMATION CONTAINED HEREIN. ALL READERS OF THIS PRESS RELEASE SHOULD CONSULT WITH THEIR OWN COUNSEL, ACCOUNTANT OR OTHER PROFESSIONAL ADVISORS BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS PRESS RELEASE. Article content UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PRESS RELEASE, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS PRESS RELEASE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND. Article content Article content Article content Article content Media Contacts Article content Article content Article content
CairoScene
19-06-2025
- Business
- CairoScene
Sanabil Accelerator by 500 Global Unveils Latest Startup Cohort
Sanabil Accelerator by 500 Global Unveils Latest Startup Cohort 500 Global and Sanabil Investments announce the ninth cohort of the Sanabil Accelerator, spotlighting nine high-growth startups in AI, Fintech, SaaS, and more, ahead of a Demo Day in Riyadh. 500 Global, the multi-stage venture capital firm, and Sanabil Investments, a financial investment company owned by Saudi Arabia's Public Investment Fund (PIF), have announced the ninth edition of the Sanabil Accelerator. The new cohort features nine startups selected from over 850 applicants, all chosen for their potential to address market gaps and scale innovation across key sectors including AI, Fintech, Edtech, SaaS, Climate Tech, and Proptech. Demo Day for the ninth batch will take place on Wednesday, July 2nd, 2025, at Sanabil Hub in Riyadh, where founders will pitch their ventures to a curated group from the regional venture capital community. The accelerator has so far supported 98 startups, and the current edition introduces a more personalised 12-week experience, designed to help participating companies scale more efficiently. The selected startups include CarbonSifr, an AI sustainability platform; Endl, a stablecoin-powered cross-border payment system; and Feesable Technologies, which helps SMEs access upfront cash for unpaid invoices. Also part of the cohort are LIVSHO, a real-time live shopping marketplace; Raff, a distribution and inventory management platform for sellers and retailers; and ReMatch, which allows real estate agents to collaborate on listings to close otherwise lost deals. Other participants include Schedex, a workforce optimisation platform for F&B businesses; TwentyToo, a demand forecasting and pricing strategy tool for retailers; and Vennre, a wealth platform offering high earners access to private market investments. 'Since the inception of the accelerator program we have focused on investing and supporting founders that are aiming to disrupt the norms in the sectors and markets they operate in," said Amal Dokhan, Managing Partner at 500 Global MENA. "As we progress in our batches, we see a better understanding from founders of the challenges regional and global markets face, as well as a deeper focus on developing the solutions they create to be more user-centered." With Batch 9 concluding in July, applications are now open for the tenth cohort. Startups across the MENA region are invited to apply and join a growing community of founders shaping the future of innovation in the region.
Mid East Info
19-06-2025
- Business
- Mid East Info
500 Global and Sanabil Investments Announce Batch 9 of the Sanabil Accelerator by 500 Global - Middle East Business News and Information
Nine companies will present live at Demo Day on July 2, 2025, at Sanabil Hub in Riyadh RIYADH, Saudi Arabia: 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a financial investment company wholly owned by the Public Investment Fund (PIF), announce the ninth batch of the Sanabil Accelerator by 500 Global. This new cohort aims to foster innovation and drive growth across various sectors, including AI, Fintech, Edtech, Climate Tech, SaaS, and Proptech. Out of 850+ applications received, nine promising companies have been selected for their potential to drive innovation and address critical market needs. Demo Day will take place on Wednesday, July 2, 2025, at Sanabil Hub in Riyadh, with a curated group from the venture capitalist community in attendance. Building on the success of past batches and the acceleration of 98 startups, the program continues to evolve. This year's program included new elements designed to provide a more personalized and focused experience throughout the 12-week journey, helping startups leapfrog and scale. 'Since the inception of the accelerator program we have focused on investing and supporting founders that are aiming to disrupt the norms in the sectors and markets they operate in. As we progress in our batches, we see a better understanding from founders of the challenges regional and global markets face, as well as a deeper focus on developing the solutions they create to be more user-centered. We believe that this evolution of market expertise, paired with improved access to technical expertise and resources, has poised these founders with the unique potential to help build startups ready to scale. We are very honored to have every founder in this batch and can't wait to see them thrive and grow,' said Amal Dokhan, Managing Partner at 500 Global MENA. 'Our leadership within the venture capital community is reinforced as more entrepreneurs apply to Sanabil Accelerator by 500 Global than ever before, seeking support to develop their ideas and achieve success in Saudi Arabia and abroad. We are attracting and enabling the brightest minds and best technologies that are improving people's lives worldwide, fortifying the economy, and making the world a better place for all. We can't wait to show the region and the world this next wave of innovators, thinkers, and builders,' said a spokesperson at Sanabil Investments. The following is the list of Batch 9 companies that have made it through to the final round: CarbonSifr – AI sustainability platform enabling businesses to easily measure and reduce their emissions. – AI sustainability platform enabling businesses to easily measure and reduce their emissions. Endl – A stablecoin powered cross border payment platform with instant settlement and minimal fees. – A stablecoin powered cross border payment platform with instant settlement and minimal fees. Feesable Technologies – Gives SMEs upfront cash for unpaid invoices with same-day credit decisions. – Gives SMEs upfront cash for unpaid invoices with same-day credit decisions. LIVSHO – A live-shopping marketplace where sellers auction products in real-time livestreams, turning viewers into instant buyers. – A live-shopping marketplace where sellers auction products in real-time livestreams, turning viewers into instant buyers. Raff – Bridges the gap between sellers and retailers, offering a single platform that simplifies offline/online distribution and inventory management – Bridges the gap between sellers and retailers, offering a single platform that simplifies offline/online distribution and inventory management ReMatch – Enables real estate agents to share their buyers and listings with each other to turn lost deals into closed ones. – Enables real estate agents to share their buyers and listings with each other to turn lost deals into closed ones. Schedex – A workforce management tool that cuts labor costs for F&B businesses by up to 15%. – A workforce management tool that cuts labor costs for F&B businesses by up to 15%. TwentyToo – Enables retailers to anticipate market demand and optimize pricing strategies by analyzing real -time performance data across millions of SKUs. – Enables retailers to anticipate market demand and optimize pricing strategies by analyzing real -time performance data across millions of SKUs. Vennre – A wealth creation platform that gives high-earners access to private market investments, previously reserved for institutional investors. With the ninth program group concluding in July, applications for the tenth cohort are open. Startups from across the MENA region are invited to join a growing community of ambitious founders shaping the future of innovation in the region.
