Saudi Arabia-based accelerator Falak Investment Hub, has graduated its second cohort of eight startups. Almost SAR 3.8 million was distributed among the graduating startups.

These startups include Saudi-based audiobooks startup Dhad, B2B marketplace Monh, Jewelry marketplace GoldSouq, Bahrain-based coffee marketplace BeanBoat, UAE-based entertainment-tech Soul Artists, Egypt-based healthtech startup hospitalia, marketing startup startups Galaxy and graphic design startup Tasmimak.

During the three-month programme, the participating startups gained access to Falak’s network of experts and investors within the GCC area, as well as in-depth insights into organisational structure, technical structure, and legal structure.