Falak Holding, a prominent Saudi-based investment firm and venture builder, has acquired a majority stake in the artificial intelligence company Kernel. The move signals a significant push to integrate advanced AI capabilities into Falak’s growing ecosystem and support AI-driven startups across Saudi Arabia, Jordan, and the wider MENA region.
Quick Facts
- Falak Holding acquires a majority stake in Kernel.
- The deal includes Kernel’s operations in Saudi Arabia and Jordan.
- Kernel will continue to operate independently within Falak’s ecosystem.
A Strategic Play for AI Integration
This acquisition is a strategic step in Falak’s long-term vision to expand its footprint in advanced technologies. By bringing Kernel into its portfolio, Falak aims to merge the AI firm’s deep technical expertise with its own extensive venture-building platform.
Kernel specializes in turning AI knowledge into practical, real-world applications. The company develops AI products, provides specialized training programs, and runs initiatives like the AI Startup Lab, which helps technical teams transform complex ideas into scalable products. This acquisition will create new opportunities to accelerate product development and empower organizations to adopt AI solutions more effectively.
Leadership Weighs In
Adwa Aldakheel, Founder and CEO of Falak, framed the acquisition as a commitment to building substantial capabilities in a sector that is reshaping global industries.
“Artificial intelligence is reshaping industries globally, and this acquisition reflects our commitment to building meaningful capabilities in this field,” she commented. “By bringing Kernel into Falak’s ecosystem, we aim to accelerate the development of AI-powered ventures and support the next generation of technology-driven companies.”
Eng. Abdullah Alghwairi, Founder of Kernel, highlighted the shared vision for making AI more accessible and impactful.
“Kernel was founded to make artificial intelligence practical and accessible for innovators and organizations seeking to build real solutions,” he added. “Becoming part of Falak’s ecosystem opens new opportunities for growth and collaboration as we continue developing impactful AI technologies across the region.”
About Falak Holding
Falak Holding is a Saudi-based investment firm and venture builder that supports and scales technology-driven startups in the MENA region. Its ecosystem provides startups with funding, resources, and a network designed to accelerate growth and market entry.
About Kernel
Kernel is an artificial intelligence company with operations in Saudi Arabia and Jordan. It specializes in developing AI solutions, offering advanced training programs, and operating the AI Startup Lab to help build and scale AI-powered products.
Source: Entarabi
