# Falak Business Hub

> Falak Business Hub is a VC fund backing Software and Information Technology. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 17
- Last investment: Nov 2025
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/falak-hub/about/?viewAsMember=true
- X (Twitter): https://mobile.twitter.com/Falak_Hub
- Website: https://falak.sa/

Falak Business Hub is a VC fund in Riyadh focused on Software and Information Technology. A hybrid between a business incubator, accelerator, coworking space, and angel investment firm. A hub for those who believe they can change the world, help thrive a nation, and rise to their personal limitless potential. Falak offers an environment where individual potentials are exceeded through a treating the business hub as a diversifiedportfolio containing 45% accelerator-stage businesses, 20% incubator stage business, and 35% freelancers accepted in Falak according to the needs of the accelerator-stage businesses.

## Contacts

5 contacts available for Falak Business Hub. Shizune tracks 2 team members at Falak Business Hub. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/falak-business-hub?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 18% |
| Information Technology | 3 | 18% |
| Artificial Intelligence | 3 | 18% |
| Apps | 2 | 12% |
| SaaS | 2 | 12% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 47% |
| Pre-Seed | 5 | 29% |
| Grant | 2 | 12% |
| Convertible Note | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 4 | 24% |
| Egypt | 3 | 18% |
| United Arab Emirates | 3 | 18% |
| United States | 2 | 12% |
| Bahrain | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Adwa Aldakheel | Founder & CEO | 6 | — |
| Hassan Ikram | Co-founder and CIO | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Workey | Workey is formed to provide business solution to companies and entrepreneurs to excel and grow in there field. |  | Seed | Nov 10, 2025 |  |
| Shahad | Shahad is an Ed-Tech Platform that facilitates certification management. |  | Pre-Seed | Jan 01, 2024 |  |
| Chefaa | Chefaa is a GPS-enabled pharmacy benefits platform connecting patients & pharmacies nation-wide to help patients manage all their pharmacy needs. Chefaa uses big data, data ming & machine learning | $10K | Grant | Jun 01, 2023 |  |
| Sahm | Sahm is a female-led startup. | $25K | Grant | May 30, 2023 |  |
| Kara | Kara is a DaaS platform that rents out consumer electronic devices to businesses. | $585.8K | Pre-Seed | Mar 14, 2023 |  |
| The Scalable CFO | The Scalable CFO provides ambitious businesses with access to talented and passionate value-driven Financial Experts on demand. They are a team of highly qualified Finance Professionals who cater to the dynamic Financial Management needs of emerging businesses. Moreover, their professionals thrive on flexibility and have a genuine interest inaddressing the financial concerns of the entrepreneur that aspires to make an impact. |  | Seed | Oct 03, 2022 |  |
| NIFTY Souq | For one thing, NFTs give you the ability to sell work there was no market or demand for previously. Also, NFTs make it possible for you to receive a percentage every time your work is sold or changes hands, so you are guaranteed a percentage of the profit if the work gains popularity and increases in price, not to mention, it’s just cool!NIFTYSouq is committed to ZERO minting costs for all artists launching NFTs on the platform, in addition to dedicated onboarding support to bring your NFT vision to life. With ZERO minting costs, artists can price their NFTs affordably, granting them access to more fans.Who we areAt NIFTY Souq, we’re excited to be bringing a brand-new type of digital goods to the MENA region through Non-Fungible Tokens (NFTs).NFTs are unique digital files, which are provably scarce and useable across multiple applications. Like physical goods, you can do whatever you want with them! You can collect them, gift them, sell them, and even destroy them! They are digital files that are armed with all the programmable securities to allow them to become digital assets.A core part of our vision is to bring NFT and its technology to the MENA region to where users truly own this powerful brand of new digital items. Open, liquid marketplaces will help power these new economies and support artists to monetize through NFTs and digital assets. Therefore, we are working with a community of passionate users, developers, and creators to build the MENA’s first marketplace for NFTs.We are proud to be the first and largest marketplace for user-owned digital goods, including songs, music, illustrations, gifs, poetry, and many more assets backed by a blockchain. | $1.5M | Seed | Sep 20, 2022 |  |
| Stllr Network | Stllr Network streamlines authentic video content production by creators on web or API. |  | Seed | Jul 18, 2022 |  |
| Tamarran | Tamarran is the GCC's fastest trending and home-grown gym management software and booking app that is used by sports gyms, fitness studios, sport academies, personal trainers, and recreational centers to manage and promote their businesses in a better way using a cloud-based management software that is accessible via a mobile app and awebsite. The platform comes in Arabic and English. More details about the gym management software can be found via: https://tamarran.com/en/businessThe company is currently based in Bahrain and has recently started its expansion in KSA, UAE, and Kuwait with more than 200 venues in less than a year. Tamarran is raising funds to help in accessing GCC markets faster starting from KSA. Tamarran is striving to have the first mover advantage in the $4 billion sports and fitness market in this part of the world. The vision of this company is to become the MENA’s biggest sport community platform. A one-stop-shop for sports that connects the sport enthusiasts and service providers with each other and help them exercise, socialize and compete with each other using technology.Tamarran is solving two important problems in this field. Firstly, it is very difficult for people to explore different sport options. It is also hard to find, compare and access the suitable sport facility, activity or personal trainer due to the scattered sources and lack of credible information. On the other side, the sport centers struggle a lot in running their businesses due to the absence of technological solutions as most of them either use manual systems, very old or very expensive solutions. Tamarran is solving these two problems by introducing one platform that connects everything together and enable people find and book a wide range of sport facilities, recreational activities and events in a fast manner while helping gym and studio owners better manage their businesses using a mobile app. | $125K | Seed | Nov 01, 2021 |  |
| Linkers | Linkers enables retailers to gather insights about their shoppers and convert that into revenue. We do that through our IoT&AI solution in stores as well as analytics of POS & digital footprint to provide a holistic view of consumers journey. | $400K | Seed | Aug 01, 2021 |  |

10 of 17 investments shown.

## Co-investors
- [Angel](https://shizune.co/investors/profile/angel-caca) — VC Fund, 2 deals together
- ChangeLabs — VC Fund, 2 deals together
- [Falak Angels](https://shizune.co/investors/profile/falak-angels) — VC Fund, 2 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 1 deal together
- [Accenture Ventures](https://shizune.co/investors/profile/accenture-ventures) — VC Fund, 1 deal together
- [Brinc](https://shizune.co/investors/profile/brinc-io) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Falak Business Hub invest in?

Falak Business Hub invests primarily in Software, Information Technology and Artificial Intelligence startups, most often at Seed and Pre-Seed stage. Most of the 17 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Falak Business Hub?

Public channels for Falak Business Hub include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Falak Business Hub?

The team at Falak Business Hub includes Adwa Aldakheel (Founder & CEO) and Hassan Ikram (Co-founder and CIO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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