Exel Gaming Accelerator Cohort 3 Applications are Live - Apply Now >

‍Shaping the Future
of Innvoation

Exel empowers bold ideas, accelerates industries, and connects visionary founders to global opportunities. 


By bridging innovation with execution, we transform ambitious visions into lasting impact.

Learn more

‍At the forefront of innovation

Exel is an innovation platform that delivers disciplined accelerators, incubation, hackathons, and capability building for founders, corporates, and government stakeholders, with execution support from start to finish.

Explore our programs

‍Supporting the next generation of innovative startups

We focus on helping startups build sustainable business models through mentoring on monetization, community building, and scalability. 
‍

Explore our programs

‍Built by operators.
Trusted by partners.

Backed by the Merak Capital ecosystem, Exel delivers innovation programs with institutional discipline, quality assurance, and measurable outcomes for founders, corporates, government, and ecosystem partners in the Kingdom of Saudi Arabia.

Explore our programs

‍Impact:
Exel Gaming Accelerator

Creating the future of gaming in the Kingdom by accelerating global companies and bringing together top industry leaders, sector specialists, and mentors.

Explore our programs

Innovation

sustainability

Growth

x exel

What We Offer

Exel designs and delivers structured innovation programs that help founders, organizations, and ecosystem partners move from intent to execution, with discipline, quality, and measurable outcomes.

/ Accelerator Programs

Exel accelerator programs support startups at different stages by combining structured guidance with hands-on execution. Across accelerators, incubators, and innovation tracks, Exel helps founders validate ideas, refine business models, and build products that are ready for real markets.

/ Incubation & Early Stage Support

Incubation and early stage support at Exel is designed to help founders turn strong ideas into viable businesses. The program focuses on early validation, product direction, and market fit, providing close mentorship and practical resources from day one.

/ Open Innovation Platforms

Open innovation platforms at Exel connect startups, corporates, and ecosystem partners to collaborate on shared challenges and opportunities. These programs are designed to surface new ideas, test them in real-world contexts, and accelerate adoption through meaningful partnerships.

/ Hackathons & Challenge-Based Innovation

Hackathons and challenge-based innovation at Exel bring together founders, builders, and partners to solve real-world problems in a focused, high-energy setting. These programs encourage rapid experimentation, collaboration, and creative thinking, turning ideas into tangible prototypes.

/ Learning & Capability Building

Learning and capability building at Exel equips founders and teams with the skills needed to grow strong, resilient businesses. Through workshops, expert-led sessions, and practical frameworks, participants strengthen their understanding of strategy, product, and execution.

Learn more

What We Offer

Exel designs and delivers structured innovation programs that help founders, organizations, and ecosystem partners move from intent to execution, with discipline, quality, and measurable outcomes.

/ Accelerator
Programs

Exel accelerator programs support startups at different stages by combining structured guidance with hands-on execution. Across accelerators, incubators, and innovation tracks, Exel helps founders validate ideas, refine business models, and build products that are ready for real markets.

/ Incubation and Early Stage Support

Incubation and early stage support at Exel is designed to help founders turn strong ideas into viable businesses. The program focuses on early validation, product direction, and market fit, providing close mentorship and practical resources from day one.

/ Corporate Innovation Programs

Open innovation platforms at Exel connect startups, corporates, and ecosystem partners to collaborate on shared challenges and opportunities. These programs are designed to surface new ideas, test them in real-world contexts, and accelerate adoption through meaningful partnerships.

/ Open Innovation Platforms

Hackathons and challenge-based innovation at Exel bring together founders, builders, and partners to solve real-world problems in a focused, high-energy setting. These programs encourage rapid experimentation, collaboration, and creative thinking, turning ideas into tangible prototypes.

/ Learning & Capability Building

Learning and capability building at Exel equips founders and teams with the skills needed to grow strong, resilient businesses. Through workshops, expert-led sessions, and practical frameworks, participants strengthen their understanding of strategy, product, and execution.

Learn more

Partners

/
more about partners

Cloud infrastructure, data solutions, and AI-powered scalability

National development funds and drives economic diversification and private sector growth

Saudi gaming media and community platform creating content, events, and links between gamers and creators

Strengthening the Kingdom’s esports landscape through world-class events, talent development, and strategic leadership

Targeted financing and development programs that support individual innovators and small businesses.

Facilitating international investment and business setup in the Kingdom

‍

Investing in high-potential technology ventures and plays a leading role in shaping Saudi Arabia’s next wave of innovation

Technology enablement and digital transformation solutions

National development funds and drives economic diversification and private sector growth

Developing top-tier talent through industry-aligned programs with a strong focus on innovation

Fueling the growth of digital content by supporting studios, creators, and emerging creative industries with funding and strategic initiatives

Advanced computing solutions that help teams build, create, and scale

Offering intuitive cloud-based financial management tools that empower growing businesses

Cloud solutions, AI integration, and startup acceleration support

Driving the gaming sector through investment and publishing initiatives

Driving the Kingdom’s digital future by advancing national technology initiatives and enabling sector-wide progress

Partners

/
more about partners

Facilitating international investment and business setup in the Kingdom

‍

Strengthening the Kingdom’s esports landscape through world-class events, talent development, and strategic leadership

Targeted financing and development programs that support individual innovators and small businesses.

Developing top-tier talent through industry-aligned programs with a strong focus on innovation

Saudi gaming media and community platform creating content, events, and links between gamers and creators

Advanced computing solutions that help teams build, create, and scale

Fueling the growth of digital content by supporting studios, creators, and emerging creative industries with funding and strategic initiatives

Driving the Kingdom’s digital future by advancing national technology initiatives and enabling sector-wide progress

Technology enablement and digital transformation solutions

Investing in high-potential technology ventures and plays a leading role in shaping Saudi Arabia’s next wave of innovation

National development funds and drives economic diversification and private sector growth

Cloud infrastructure, data solutions, and AI-powered scalability

Offering intuitive cloud-based financial management tools that empower growing businesses

National development funds and drives economic diversification and private sector growth

Driving the gaming sector through investment and publishing initiatives

Cloud solutions, AI integration, and startup acceleration support

Technology enablement and digital transformation solutions

Cloud infrastructure, data solutions, and AI-powered scalability

National development funds and drives economic diversification and private sector growth

Offering intuitive cloud-based financial management tools that empower growing businesses

Driving the Kingdom’s digital future by advancing national technology initiatives and enabling sector-wide progress

Driving the gaming sector through investment and publishing initiatives

Fueling the growth of digital content by supporting studios, creators, and emerging creative industries with funding and strategic initiatives

Advanced computing solutions that help teams build, create, and scale

Facilitating international investment and business setup in the Kingdom

‍

National development funds and drives economic diversification and private sector growth

Developing top-tier talent through industry-aligned programs with a strong focus on innovation

Targeted financing and development programs that support individual innovators and small businesses.

Saudi gaming media and community platform creating content, events, and links between gamers and creators

Investing in high-potential technology ventures and plays a leading role in shaping Saudi Arabia’s next wave of innovation

Cloud solutions, AI integration, and startup acceleration support

Strengthening the Kingdom’s esports landscape through world-class events, talent development, and strategic leadership

GET IN TOUCH WITH EXEL

Contact to learn more about Exel’s programs, partnerships, and approach to innovation delivery.

CareersContact