Female founders lead a 3rd of the batch, signaling 500 Global’s dedication to proceed supporting variety. The program gives pre-seed and seed-stage startups throughout the Middle East and North Africa with the muse they should validate and scale their enterprise regionally and globally.Selected out of 500 candidates, the finalists are working in a various vary of sectors, together with fintech, ecommerce, NFT, well being tech, and actual property tech.“The Sanabil 500 MENA Seed Accelerator goals to create a resilient, built-in, and sustainable entrepreneurial ecosystem that pulls younger firms from across the area and contributes to its development. We’re excited to assist such gifted founders as they embark on a promising journey,” mentioned Bedy Yang, managing accomplice at 500 Global.More than 60 p.c have their major operations in Saudi Arabia or have a founding father of Saudi origin, whereas startups with out headquarters in the nation have indicated their intent to determine operations in Saudi Arabia inside the subsequent three years.“Our 11 finalists mirror the evolving breadth and depth of right now’s entrepreneurial ambitions and the place founders consider their services and products might quickly make a distinction in our on a regular basis lives,” mentioned a Sanabil spokesperson.The 12-week program, which concluded in Riyadh with Demo Day, supplied founders devoted mentorship with a deal with enterprise technique growth, fundraising, and development.Following is the checklist of the batch 2 startups:Bringy: Enables clients to buy and declare insurance coverage on-line with a number of easy clicks.Nuqtah: NFT market for creatives in Saudi Arabia.Ameen: Licensed therapist in the consolation of your house.Jingle Pay: Digital banking app that simplifies expats’ on a regular basis monetary wants.Below: Direct-to-consumer targeted on below-the-waist hygiene merchandise for males in MENA.Playbook: Edutainment platform {and professional} community that accelerates profession development for girls.Nitros: Multicarrier transport software program empowering on-line retailers to automate their transport operations.Letswork: A market and digital membership that connects customers to on-demand workspaces, non-public workplaces and assembly rooms.Juleb: SaaS for pharmacies that helps improve their gross sales and ensures compliance by means of an enterprise useful resource planning system that streamlines level of sale processes.TeamUp: Event administration app for organizing and sharing sports activities competitions.Twinn Health: Enables early illness detection utilizing imaging and AI instruments to increase a wholesome human lifespan.
Women-led startups among finalists in PIF’s Sanabil, 500 Global accelerator program
