Misk 500

Venture Capital Saudi Arabia ·Founded 2018

Overview

Misk 500 is a Saudi accelerator program established to support early-stage startups in the Middle East and North Africa (MENA) region. The program offers mentorship, training, and potential follow-on investments to help entrepreneurs build successful technology-driven companies. It is a collaboration between Misk Innovation, an initiative of the Misk Foundation, and 500 Startups, a global venture capital firm. The accelerator focuses on startups in various sectors, including B2B, B2C, E-commerce, FinTech, EdTech, HealthTech, IoT, Robotics, Artificial Intelligence, SaaS, and Messaging Services. Each batch selects 15-20 startups, providing them with a four-month program that includes growth hacking, data-driven sales techniques, and tailored advice. Participants also receive $50,000 from 500 Falcons, 500 Startups' MENA-dedicated fund. Since its inception, Misk 500 has graduated numerous startups, many of which have secured subsequent investments and achieved significant growth. The program's success is attributed to its comprehensive support system, extensive network, and commitment to fostering innovation and entrepreneurship in the MENA region.

Investment Focus

  • Full-time founders
  • Technology-driven solutions
  • Scalable business models
  • Strong market potential
  • Commitment to growth and innovation

Portfolio Companies

NanaHALASaryFetchrJamalonSnoonuFoodicsMumzworldZidJumiaSouq.comCarriageNamshiYallacompareCureMDYAPFaturaJabbarTamatimWadi Makkah

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Frequently asked questions about Misk 500

What sectors does Misk 500 invest in?

Misk 500 invests in Technology, Healthcare, Energy, Consumer Goods, Real Estate and Media, and is based in Saudi Arabia. Misk 500 is listed as a venture capital in the ConnectSafely investor database.

What stage does Misk 500 invest at?

Misk 500 backs companies at Pre-Seed, Seed and Early Stage, writing cheques of 500K - 5M.

Which regions does Misk 500 invest in?

Misk 500 invests across United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Egypt.

What companies has Misk 500 invested in?

Misk 500's portfolio includes Nana, HALA, Sary, Fetchr, Jamalon, Snoonu, Foodics and Mumzworld.

Last updated · Source: ConnectSafely investor database