Wadi Jeddah Selects 10 Startups and Invests SAR1M

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Wadi Jeddah Incubator has completed its 2026 accelerator camp, selecting 10 startups for its incubation and investment program with a combined investment of SAR1M.

According to the announcement, each selected company will receive SAR100K. The four-day camp included three development workshops, 81 mentoring sessions and 36 investment pitches.

Eighteen teams took part after being shortlisted from more than 253 applicants. The program was designed to strengthen the startups’ readiness for growth, market entry and investment through practical training and guidance from mentors and advisers.

The selected startups are Juthoor, Zillah, EVINEX, the Groupz, MABIEN, StethoLink, WOUND CARE AI, Mustahaq, PHAGE TECH SOLUTION and HADER. They will also gain access to Wadi Jeddah’s network of investors and advisers as they move into the next stage of development.

The initiative is part of Wadi Jeddah’s efforts to support early-stage companies and strengthen the entrepreneurship ecosystem in Saudi Arabia.

Source: Jawlah

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