About AngelSpace

Grown out of the mission of Falak Investment Hub of finding, enabling, and developing the next unicorns of the MENA, Falak Angels was born in 2019 with a focused mission of enabling strategic investors to find and invest in investable startups.

After 3 years of being one of the most active angel networks in the Kingdom, Falak Angels is turning digital to give our startups and investors the platform they deserve.

The Evolution of AngelSpace

2018 Q4

Establishment of Falak Investment Hub

  • Licensed from the SME Authority as an accelerator and coworking space
  • Marketing campaign generation 1 million impressions on social media
  • Develop localized acceleration curriculum and frameworks for the 1st investment-

2019 Q4

Establishment of Falak Angels

In partnership with Saudi Venture Capital, Falak Angels was recognized as the 2nd angel network in KSA

2021 Q4

Restructuring Falak Angels

We structured the network committee with 3 independent members from the ecosystem for voting and selection of startups being admitted to Falak Angels.

Conducted Events


Fundraises Announced

+200M SAR

Startup Alumnis


Active Investors


2022 Q2

Scaling Falak Angels: AngelSpace

It was time for Falak Angels to scale. AngelSpace was born.

Conducted Events


Fundraises Announced

+200M SAR

Startup Alumnis


Active Investors


Startup Applications



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