Falak Ventures has launched the latest edition of its 3X Flagship accelerator with support from Saudi Arabia’s National Technology Development Program (NTDP), selecting eight startups focused on artificial intelligence.
Announced in Riyadh on September 20, 2026, the program has been redesigned as an investment-backed accelerator for core AI companies, where artificial intelligence is central to the product and business model.
The cohort includes ENOVA Safety, Qurk, Ajeer Pay, Lesser, EyeGo, Net Zero Build, MABIEN and Handl Hub. Their solutions cover construction safety, financial operations, workforce management, waste and the circular economy, site monitoring, property technology, insurance, AI governance and e-commerce.
According to the announcement, the startups will receive tailored support spanning investment, business development, market access, corporate connections and investment readiness. The program will also include mentoring, workshops, sector sessions, investor meetings and opportunities to reach customers, culminating in a Demo Day.
Falak founder and CEO Adwa’a Al-Dakheel said the firm would focus on helping the selected companies turn market opportunities into measurable growth. The company said previous Flagship cohorts had gone on to expand and reach more advanced investment stages.
Source: Jawlah
