About Falak Startups
Falak Startups, an accelerator and incubator program founded in 2018, is based in Cairo, Egypt. With a presence in 6 countries, it has supported around 67 startups in sectors like Consumer, Enterprise Applications. As of Aug 2026, Falak Startups has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Raseedi, EYouth Learning and Rabbit. The program is backed by a team of 7 people who primarily support Seed startups based in Egypt. Its latest investment was a $1.6M Seed round in Suplyd on Dec 15, 2022, which also saw participation from Endure Capital and Camel Ventures.
Key Metrics
Founded Year
2018
Location
Cairo, Egypt
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Falak Startups' List of Top Investments
Falak Startups has a portfolio of 67 companies. Their most notable investments are in Elegate and Darjee.Their portfolio spans across Egypt, United States, United Arab Emirates and 3 more locations. They have invested in Consumer, Enterprise Applications, HealthTech and 21 other sectors, across stages such as Seed stage. Here is the list of top investments by Falak Startups:
1. Raseedi
Financial advisor for payments and savings. The company offers free calls over wifi or data, daily saving codes, credit and bill payment options, and more.
Key facts about Raseedi
- Founded Year: 2019
- Location: Cairo (Egypt)
- Stage: Seed
- Total Funding till date: $1.25M
- Employee Count: 283 as on Jul 31, 2026
- Investors: 500 Global, Samurai Incubate and 3 Others
- Latest Funding Round: Seed, Nov 30, 2021, $*****
Online platform providing multi-disciplinary learning solutions for professionals. It provides online courses in language, self-development, data analysis, entrepreneurship, marketing, photography, and more.
Key facts about EYouth Learning
- Founded Year: 2010
- Location: Giza (Egypt)
- Stage: Seed
- Total Funding till date: $180K
- Employee Count: 1,117 as on Jul 31, 2026
- Investors: EdVentures, Falak Startups and 1 Other
- Latest Funding Round: Seed, May 20, 2020, $*****
3. Rabbit
Operator of a micro-mobility sharing platform offering electric vehicle rentals. The platform provides short-distance transportation using electric scooters and bikes. Users can unlock vehicles via a mobile application for immediate use. The company also offers a rental service delivering vehicles for longer periods.
Key facts about Rabbit
- Founded Year: 2018
- Location: Cairo (Egypt)
- Stage: Seed
- Total Funding till date: $2.2M
- Employee Count: 77 as on Jul 31, 2026
- Investors: 500 Global, Untapped Global and 1 Other
- Latest Funding Round: Seed, Oct 15, 2024, $*****

4. Sprints
Center of education providing professional education courses. The platform offers learning programs on software testing, DevOps, frontend development, Android, and more.
Key facts about Sprints
- Founded Year: 2019
- Location: Maadi (Egypt)
- Stage: Series A
- Total Funding till date: $4.2M
- Employee Count: 346 as on Jul 31, 2026
- Investors: EdVentures, Cubit Ventures and 6 Others
- Latest Funding Round: Series A, Mar 26, 2024, $*****
- Highlight: Editors' Pick
5. Intella
Platform offering AI-based arabic speech intelligence. Its Arabic-first speech-to-text engine can transcribe speech different Arabic dialects. It leverages datasets collected from conversations to support its transcription capabilities. Its technology is applicable in sectors including, Media Transcription- facilitating transcription of audio content, Contact Centers- supporting customer service interactions through real-time transcription, and Conversational AI- supporting AI-driven applications that require understanding and processing Arabic speech.
Key facts about Intella
- Founded Year: 2021
- Location: Riyadh (Saudi Arabia)
- Stage: Series A
- Total Funding till date: $16.9M
- Employee Count: 101 as on Jul 31, 2026
- Investors: PROSPER, Prosus and 11 Others
- Latest Funding Round: Series A, Sep 02, 2025, $*****
- Highlight: Editors' Pick
Falak Startups' Year-on-Year Investment Trends
Falak Startups has invested in 67 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Suplyd and most recent follow-on round was in SubsBase.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 4 | 1 | 5 |
2021 | 3 | 1 | 4 |
2020 | 0 | 0 | 0 |
2019 | 13 | 1 | 14 |
2018 | 6 | 0 | 6 |
Falak Startups' Investments by Stage
Falak Startups has made 26 investments in Seed stage with an average round size of $921K.Falak Startups' Investments by Sector
Falak Startups has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, HealthTech and Food and Agriculture Tech. Notably, it has invested in 56 Tech companies, 39 Consumer (B2C) companies, 27 Enterprise (B2B) companies and at least 24 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 14 |
Enterprise Applications | 9 |
FinTech | 4 |
HealthTech | 4 |
Food and Agriculture Tech | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Falak Startups' Investments by Geography
Falak Startups has made most investments in Egypt (21), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Egypt | 21 |
United States | 2 |
Saudi Arabia | 1 |
Spain | 1 |
United Arab Emirates | 1 |
Note: We have considered here, only first round of investments
Falak Startups' recent investments
Falak Startups has not made any investment in 2026 so far.Here are the most recent investments by Falak Startups:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 15, 2022 | Egypt | Seed | 5731 | [+2] | |
Oct 12, 2022 | United States | Seed | 9022 | [+1] | |
Aug 25, 2022 | Egypt | Seed | 2070 | [+8] | |
Apr 09, 2022 | Egypt | Seed | 7243 | [+5] | |
Mar 30, 2022 | Saudi Arabia | Seed | 3390 | [+2] |
Acquired companies in Falak Startups' Portfolio
3 companies from Falak Startups' portfolio have been acquired. The most recent acquisition was DoctorOnline in Dec 2022 by Check Me for $*****.Here are Falak Startups' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 20, 2022 | - | - | 1569 | |
Aug 22, 2022 | - | - | 1280 | |
Nov 10, 2020 | Jun 05, 2018 | Seed | 8708 |
Team profile of Falak Startups
Falak Startups has a team of 7 members including 3 Partners located in Egypt. Falak Startups' team does not sit on the board of any company as of now.Here is a list of all team members in Falak Startups:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Giza | - | - | |
Partner | Egypt | - | ||
Partner | Cairo | - | - |
Co-investors of Falak Startups
Over the past 8 years, 53 investors have co-invested in Falak Startups's portfolio companies. This includes only funds.
- Invested before Falak Startups: Europa, Wamda and 1 other have invested in rounds before Falak Startups. There is 1 company where Europa has invested before Falak Startups and 1 company where Wamda has invested before Falak Startups.
- Top Co-investors of Falak Startups: 18 investors entered a company along with Falak Startups. These include investors like 500 Global (1 company).
- Invested after Falak Startups: A total of 32 investors have invested in Falak Startups's portfolio after their investments. Top Investors include Plus VC (4 companies) and Plug and Play Tech Center (2 companies).
Recent News related to Falak Startups
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Fintech Startup Aviva Raises US$2.2 Million To Bring Credit to Nano-businessesContxto•Dec 20, 2022•Aviva, Wollef, Newtopia, Seedstars and 8 others
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Suplyd, Egypt’s digital supply chain startup, raises $1.6m in a pre-seed roundWAYA Media•Dec 15, 2022•Suplyd, Endure Capital, Seedstars, Camel Ventures and 7 others
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Egyptian delivery management startup Roboost raises 6-figure funding roundDisrupt Africa•Oct 18, 2022•Roboost, Falak Startups, Flat6Labs, AUC
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Roboost completes a six figure funding round to implement delivery automationTech In Africa•Oct 17, 2022•Roboost, Falak Startups, AUC, Flat6Labs
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SubsBase, an Egyptian subscription management platform, raises $2.4 million in a seed roundTechgist Africa•Sep 05, 2022•SubsBase, Global Ventures, Falak Startups, Plug and Play Tech Center and 6 others
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MENA’s SubsBase, a Subscription Management Platform, Secures $2.4M via Seed RoundCrowdfund Insider•Aug 28, 2022•SubsBase, Global Ventures, HALA Ventures, P1 Ventures and 6 others
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Egyptian ed-tech startup Sprints raises $1.2m seed to sale across MEADisrupt Africa•Apr 14, 2022•Sprints, Alexandria Angels, Med Angels, AUC and 5 others
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UAE’s Hayi raises $325,000 to expand hyperlocal social networkArabian Business•Jan 14, 2022•Hayi, Sarya, Falak Startups
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Raseedi, an Egyptian startup, has raised $850,000 in a pre-series A funding roundTechgist Africa•Dec 03, 2021•Raseedi, EFG EV Fintech, Falak Startups, 500 Global and 1 other
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Raseedi raises $850,000 in pre-Series AWamda•Nov 30, 2021•Raseedi, 500 Global, EFG EV Fintech, Falak Startups
