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:1. Unipal
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
2. Soul Artists
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
- Founded Year: 2016
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $350K
- Employee Count: 7 as on Aug 31, 2026
- Investors: Falak Investment Hub and Wasel & Wasel
- Latest Funding Round: Seed, Mar 01, 2021, $*****

3. Hospitalia
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
- Founded Year: 2018
- Location: Maadi (Egypt)
- Stage: Funding Raised
- Employee Count: 11 as on Sep 30, 2026
- Investors: Village Capital and Falak Investment Hub
- Latest Funding Round: Grant (prize money), Apr 11, 2021, $*****

4. Hazen
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
- Founded Year: 2017
- Location: Saudi Arabia
- Stage: Seed
- Employee Count: 45 as on Aug 31, 2026
- Investors: Wa'ed Ventures, Wadi Makkah Venture and 2 Others
- Latest Funding Round: Seed, Feb 17, 2021, $*****
- Highlight: Editors' Pick
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5. Lexyom
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
- Founded Year: 2016
- Location: Beirut (Lebanon)
- Stage: Seed
- Total Funding till date: $150K
- Employee Count: 14 as on Aug 31, 2026
- Investors: 500 Global, Startup Wise Guys and 3 Others
- Latest Funding Round: Seed, Apr 18, 2018, $*****
Falak Investment Hub's Year-on-Year Investment Trends
Falak Investment Hub has invested in 29 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Blomal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 8 | 0 | 8 |
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.Stage of entry | No. of Investments |
|---|---|
Grant (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.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Retail | 5 |
Enterprise Applications | 4 |
Business Services | 2 |
FinTech | 2 |
Others | 10 |
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.Country | No. of Investments |
|---|---|
Saudi Arabia | 6 |
Egypt | 3 |
Bahrain | 2 |
United Arab Emirates | 2 |
United States | 1 |
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 | [+1] |
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
•
Saudi VC Falak Holding Acquires Majority Stake in Kernel for AICairoScene•Apr 15, 2026•Falak Investment Hub, kernelforai.com
•
Estaie Raises 7-Figure Pre-Seed Round for AI-Native Extended-Stay PlatformMeatechwatch•Apr 01, 2026•Orbit Ventures, estaie, Plus VC, falakangels.com and 2 others
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Fintech startup Blomal Capital secures Pre-seed funding led by FalakIncubees•Sep 01, 2025•Blomal, Falak Investment Hub
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Unipal closes Pre-Series A round to grow in Saudi ArabiaMy Startup World•Feb 11, 2025•Unipal, Plus VC, AlJazira Capital, RZM Investment and 4 others
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Bahrain-Based Unipal Raises Pre-Series A Round Led by Falak AngelsRasmal•Dec 16, 2024•Unipal, falakangels.com, 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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Saudi Arabia based Kara raises $586,000 in a pre-seed funding roundYourStory•Mar 14, 2023•Lean Node, Falak Investment Hub, Kara
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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
