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.

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‍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.

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‍Supporting the next generation of innovative startups

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

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‍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.

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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

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

Cloud solutions, AI integration, and startup acceleration support

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

National development funds and drives economic diversification and private sector growth

Technology enablement and digital transformation solutions

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

Driving the gaming sector through investment and publishing initiatives

Cloud infrastructure, data solutions, and AI-powered scalability

Facilitating international investment and business setup in the Kingdom

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

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

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

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

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

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

Partners

/
more about partners

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

Driving the gaming sector through investment and publishing initiatives

Facilitating international investment and business setup in the Kingdom

‍

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

Technology enablement and digital transformation solutions

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

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

Cloud solutions, AI integration, and startup acceleration support

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

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

National development funds and drives economic diversification and private sector growth

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

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

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

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

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

Driving the gaming sector through investment and publishing initiatives

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

Facilitating international investment and business setup in the Kingdom

‍

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

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

Technology enablement and digital transformation solutions

Cloud solutions, AI integration, and startup acceleration support

Cloud infrastructure, data solutions, and AI-powered scalability

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

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

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

National development funds and drives economic diversification and private sector growth

GET IN TOUCH WITH EXEL

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

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