Accelerator was founded by Dr. Fawaz Zu’bi in Jordan in 2005. Backed by a diverse group of institutional and individual investors from around the world, Accelerator was established with the aim of investing in technology in the Middle East. In doing so, Accelerator was one of the region’s first institutional venture capital investors.
Driven by this mandate, Accelerator made its first investment in 2006, in Jordanian animation and entertainment company Rubicon. Since then, Accelerator has made more than 30 investments in the Middle East and beyond. In expanding its investment activity globally, Accelerator seeks opportunities which present synergies to the Middle East.
Accelerator has recognized since its establishment that technology growth in the Middle East faces unique challenges. Therefore, more than just venture capital investors, Accelerator has created, led, and supported a range of initiatives that address the gaps that our region's technology ecosystem faces in innovative ways, thereby helping transform the region's technology and entrepreneurship landscapes.