A startup-building studio founded by Sanabil Investments, which is owned by the Public Investment Fund (PIF), in partnership with Switzerland's Stryber. It began work in Riyadh in 2023 and builds companies in fintech, consumer goods and tourism.
About the program
The studio develops company ideas internally and launches their prototypes, then recruits co-founders to lead them, rather than accepting applications from existing companies. It began operations in 2023 by deploying $14 million, and launched four companies by its first anniversary. In January 2025, Sanabil announced a partnership with Redesign Health to set up a health studio that aims to launch at least 20 health companies in the Kingdom.
Founders join by applying to co-founder/CxO roles for studio-built ventures (careers board lists open co-founder roles in 2026), not via cohorts. No standalone official website found (sanabilstudio.com is parked); website set to the studio's official careers board. 'Sanabil Venture Studio by Redesign Health' (healthcare, announced Jan 2025) is a related partnership studio.
What it offers
- Stages
- Idea
- Sectors
- Fintech, Tourism, Health