Misk 500 MENA Accelerator Program Celebrate Their First Demo Day

Misk Innovation and 500 Startups celebrated their first demo day on Monday in Riyadh. The demo day is the conclusion of the Misk 500 MENA Accelerator program led by 500 Startups and Misk Innovation. Four Egyptian startups: Vetwork, Shieldfy, CyberTalents and DentaCarts were among the first batch of the accelerator.

500 Startups’ team of growth hackers, investors, and mentors traveled to Riyadh for the length of the program to train hand-selected startups. The program was launched earlier this year. It brings the 500 Startups flagship Silicon Valley seed accelerator program to the MENA region in partnership with Misk to provide a 4-month curriculum for pre-seed and seed stage technology startups. The program began on January 27th and concluded with an investor demo day.

During the demo day, the startups presented the results of their work in the accelerator, so that  investors are able to discuss further cooperation with them.

The sectors of the first batch of startups included: EdTech, FinTech, HealthTech, Transportation and Travel with 37% of the companies having at least one female founder, according to Magnitt.