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About Falak Investment Hub

Falak Investment Hub, an accelerator and incubator program founded in 2018, is based in Riyadh, Saudi Arabia. With a presence in 7 countries, it has supported around 29 startups in sectors like Enterprise Applications, Consumer. Most notable companies in its portfolio include Unipal, Soul Artists and Hospitalia. The program is backed by a team of 36 people who primarily support Grant (prize money) startups based in Saudi Arabia. Its latest investment was a Undisclosed Seed round in Blomal on Sep 01, 2025.
Key Metrics
Founded Year
2018
Location
Riyadh, Saudi Arabia
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment

Falak Investment Hub's List of Top Investments

Falak Investment Hub has a portfolio of 29 companies. Their most notable investments are in Soul Artists and Blomal.Their portfolio spans across Saudi Arabia, Egypt, Bahrain and 4 more locations. They have invested in Enterprise Applications, Consumer, Retail and 15 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by Falak Investment Hub:
App-based platform offering discounts and deals for students. It offers discounts on multi-category events and products like restaurants, sports, stationery, electronics, fashion, travel tickets, and more. The mobile application is available for Android and iOS users.

Key facts about Unipal

  • Founded Year: 2020
  • Location: Manama (Bahrain)
  • Stage: Seed
  • Total Funding till date: $532K
  • Employee Count: 52 as on Aug 31, 2026
  • Investors: RZM Investment, Flat6Labs and 6 Others
  • Latest Funding Round: Seed, Dec 16, 2024, $*****
  • Highlight: Editors' Pick
Online platform for booking artists. The platform allows users to book various kinds of artists like DJs, singers, dancers, and more. These artists can be hired based on various occasions like house parties, weddings, festivals, and more. Its application is available to download on App Store and Google Play Store.

Key facts about Soul Artists

Hospitalia is an online platform for home healthcare services. Users can book family doctors, nurses and physiotherapists home visits and phone medical consultations. It also provides an option to book services online. It provides treatment for respiratory, digestive, skin musculoskeletal, and other related disorders.

Key facts about Hospitalia

HazenAI provides an AI-based traffic violation monitoring solution. The product offering includes Traffic Violations Monitor (a tool that uses deep learning algorithms to identify dangerous driving behavior & traffic violations), and Traffic Spot & Turn Counter (a real-time traffic analytics solution). It also offers real-time analysis of vehicle trajectories, traffic turn counts, alerts if drivers are using mobiles & more.

Key facts about Hazen

Retailer of lighting fixtures and home accents. It offers a wide selection of ceiling lights, wall lights, fans, exterior and landscape lamps, LED controls, furniture, and home accents. The company provides lighting consultations to assist customers with design choices for both interior and exterior spaces. They also carry a curated selection of home furnishings to complement their lighting offerings.

Key facts about Lexyom

Falak Investment Hub's Investments by Stage

Falak Investment Hub has made 7 investments in Grant (prize money) stage and 7 investments in Seed stage with an average round size of $812K.
Here are Falak Investment Hub's investments by stage:
Stage of entry
No. of Investments
Grant (prize money)
7
Seed
7
Breakdown of Falak Investment Hub's investments by stage of entryGrant (prize money) (7)Seed (7)
Note: We have considered here, only first round of investments

Falak Investment Hub's Investments by Sector

Falak Investment Hub has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Business Services and FinTech. Notably, it has invested in 21 Tech companies, 14 Enterprise (B2B) companies, 11 Consumer (B2C) companies and at least 10 companies focusing on Software.
Here are Falak Investment Hub's investments by sector:
Sector
No. of Investments
Consumer
6
Retail
5
Enterprise Applications
4
Business Services
2
FinTech
2
Others
10
Breakdown of Falak Investment Hub's investments by sectorsConsumer (6)Retail (5)
Note: We have considered here, only first round of investments

Falak Investment Hub's Investments by Geography

Falak Investment Hub has made most investments in Saudi Arabia (6), followed by Egypt where it has made 3 investments.
Here are Falak Investment Hub's investments by geography:
Country
No. of Investments
Saudi Arabia
6
Egypt
3
Bahrain
2
United Arab Emirates
2
United States
1
Breakdown of Falak Investment Hub's investments by countriesSaudi Arabia (6)Egypt (3)
Note: We have considered here, only first round of investments

Falak Investment Hub's recent investments

Falak Investment Hub has not made any investment in 2026 so far.
Here are the most recent investments by Falak Investment Hub:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Sep 01, 2025
Saudi Arabia
Seed
8268
-
Dec 16, 2024
Bahrain
Seed
8260
  [+2]
Sep 01, 2024
Saudi Arabia
Seed
2288
-
Mar 14, 2023
Saudi Arabia
Seed
5321
Sep 20, 2022
United Arab Emirates
Seed
1192

Team profile of Falak Investment Hub

Falak Investment Hub has a team of 36 members including 3 Partners and 4 Principals located in Saudi Arabia and Pakistan. Falak Investment Hub's team does not sit on the board of any company as of now.
Here is a list of top team members in Falak Investment Hub:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Saudi Arabia
-
Partner
Riyadh
-
Partner
Pakistan
-
-
Principal
Saudi Arabia
-
Principal
Saudi Arabia
-
-
Principal
Saudi Arabia
-
Principal
Saudi Arabia
-

Co-investors of Falak Investment Hub

Over the past 5 years, 16 investors have co-invested in Falak Investment Hub's portfolio companies. This includes only funds.

  • Invested before Falak Investment Hub: Oqal, Tenmou and 5 others have invested in rounds before Falak Investment Hub. There are 2 companies where Oqal has invested before Falak Investment Hub and 1 company where Tenmou has invested before Falak Investment Hub.
  • Top Co-investors of Falak Investment Hub: 9 investors entered a company along with Falak Investment Hub. These include investors like Plus VC (1 company).

Recent News related to Falak Investment Hub

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Infinite Pl And Falak Investment Hub To Transform Logistics LandscapeMy Startup World•May 14, 2024•infinitepl.com, Falak Investment Hub
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Saudi Arabia's Falak Investment Hub seeks to grow funding for start-upsThe National•Jun 29, 2023•Falak Investment Hub
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Falak investment hub to foster Mena start-up ecosystemTrade Arabia•Feb 09, 2023•Falak Investment Hub
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‘SC Women in Tech’ program launched in KSAMy Startup World•Nov 30, 2022•Standard Chartered, Falak Investment Hub
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FAQs about Falak Investment Hub

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