Investor Profile: Falak Investment Hub — Thesis, Cheque Size & How to Apply

Falak Investment Hub is a Riyadh-based investment firm founded in 2018 by Adwa Aldakheel, built as a hybrid of an accelerator, a coworking space and an investment firm focused on early and growth-stage technology investments. It concentrates on the Middle East and North Africa, with a particular focus on Saudi Arabia.

Thesis

Falak Investment Hub believes in the power of disruptive technology and driven entrepreneurs to change the world, and in smart money expediting that process. It diversifies across stages and industries, backing teams with scalable business models in growing markets. Falak says this model gives its startups a better likelihood of success than they would achieve otherwise.

Sectors & Stages

Falak Investment Hub is broadly sector agnostic within technology, supporting early and growth-stage tech companies, with named stages of focus spanning Falak Angels, its Flagship Acceleration Program and Falak Funds. Its acceleration work targets seed and post-seed companies, including climate technology through its Flagship ClimateTech Accelerator, while its women-focused work targets women-led, tech-enabled startups. Its programmes are designed to compress what would otherwise take 18 months of progress into four months of acceleration.

Fund & Cheque Size

Falak Investment Hub's total fund size is not publicly disclosed. Two published figures give founders a sense of scale. By 2022, Falak had invested 13 million SAR across 23 startups through its early flagship batches, with a combined value reported at more than 700 million SAR at that time. More recently, through its Women in Tech accelerator with Standard Chartered, selected startups could access up to 169,000 SAR (about US$45,000) in equity-free funding.

Notable Portfolio

Falak Investment Hub reports its impact in aggregate rather than through a public named portfolio list, so this profile does not invent portfolio names. Its founder says Falak has supported more than 27,000 startups and more than 40,000 beneficiaries through high-impact programmes and growth support. Its Women in Tech accelerator in Saudi Arabia has supported 26 women-led startups, which together generated more than 82 million SAR in total revenue, with 83% still operational and 66% securing investment after completing the programme, alongside more than 85 jobs created.

Partners & Programs

Falak Investment Hub runs three linked routes: Falak Angels, a licensed angel network accredited by Saudi Venture Capital (SVC), with the option to apply for SVC co-matching at SVC's discretion; the Flagship Acceleration Program, which Falak says was the first investment-backed acceleration programme in Saudi Arabia and is licensed by Monshaat; and Falak Funds. Its partners include Standard Chartered on the Women in Tech accelerator, now in its fourth cohort, and Roots Ventures on the Flagship ClimateTech Accelerator, alongside membership of the United Nations Global Compact network in Saudi Arabia.

How to apply for funding

Founders should apply through Falak Investment Hub's official website, falak.sa, and watch for openings in its Flagship Acceleration Program and themed cohorts such as Women in Tech and Flagship ClimateTech. The Women in Tech fourth cohort invited women founders of tech-enabled startups to apply for tailored training, catalytic funding, mentorship and global networks, with that round's applications having closed on 16 May 2026. For general acceleration, come with a tech-enabled product, a scalable model and a Saudi or regional growth story.