Flagship Metrics

+13M SAR

Investment Amount


Overall Follow on Investment (Batch 1+2)


Jobs Created


Portfolio Startups

+618M SAR

Total Startups Valuation

Our Alumni


Most Innovative Investment Management Firm in KSA - 2020

Most Innovative Acceleration Program in KSA - 2021

1st Place in KSA for Accelerator Performance Evaluation by Monsha’at

Business Excellence Certificate from WORLDCOB - 2021

Falak was established by entrepreneurs who wear both an entrepreneur and an investors hat with its core mission to find, enable, and grow the next unicorn startups of the MENA region through the mini-ecosystem it pioneered to help accelerate startups’ journey through learning from education and mentorship, and a network that enables finding human capital, getting access to investors, generating leads for startups or benefiting from free credits and discounted services of local and global service providers. We aim to compete on global standards with a localized competitive edge.

Why Join Falak’s Flagship Accelerator

Startups join our program for our core services to help them increase their likelihood of success and reduce costs along the way through

Direct Investment

Direct investments starting from 250,000 SAR to 1,500,000 SAR per startup with a total of 5,000,000 SAR invested per cohort for a 4.5 month journey. Upon graduation, top startups will also be eligible for follow-on investments from Falak Angels or Falak’s fund.

In-Kind Services

Ranging from knowledge transfer through workshops, one-on-one mentorship sessions, growth & digital media services, investor readiness services, legal structuring and institutionalisation, and more depending on specific sectors and stages of the cohort startups.

Access to Falak Angel Mentorship Program

With over 30 top MENA founders, industry experts, and investors, Falak’s angel mentorship program is called that because time is more precious than money and this program is for accomplished individuals to give back to aspiring entrepreneurs in Falak’s programs.

Follow-On Investments & Fundraising Support

Support: with a follow-on rate of over 65%, Falak believes in the importance of fundraising sustainability for business sustainability, and we cater our services accordingly through Falak Angels and Falak’s upcoming funds in providing direct follow-on for high-performing startups in our cohort upon graduation or in fundraising support with our network of MENA investors and VCs

Falak’s Partnership Program

With over $150,000 worth of free services and discounts from local and global partners such as AWS, Falak established this program to minimize the cost required from our startups to acquire core services in any industry, ranging from software tools to visual content agencies and much more.

Market Accessibility to KSA

Falak Investment Hub is focused on the largest market of the GCC, and it utilizes this network, connectivity, and influence to increase the likelihood of success and exits for our startups. For non-KSA startups, Falak is partnered with MISA and the SME Authority to establish incorporations in Saudi Arabia and move headquarters to Saudi Arabia as well; for KSA-startups, Falak empowers connectivity to investors, strategic partners, and strategic corporates to better fulfill the supply chain of our startups

Office Space and Perks

Access to Falak Business Hub in Riyadh for 18 weeks of free office space. In addition to just the space you get access to our community and partners for free credits and discounted services that cover cloud services, bookkeeping services all the way to hiring support some of which are shown below.

Strategic Discounted Services & Partnerships
Media Partners
Ecosystem Partners


  • Tech focused product
  • Applying from the MENA region
  • Willing to expand to KSA
  • Post-MVP with positive revenue or proof of traction
  • Minimum of 2 fulltime members per startup
    (single founder and a team member or two cofounders)
  • Minimum of 50,000 SR capital investment by the founders

Falak 2022 Flagship Program (Batch 4)

Ready to make history with Falak? Sign up now and increase your chances to become a unicorn startup in the GCC.

Applications Closed
Stay tuned for new updates