Saudi VC Falak Holding Acquires Majority Stake in Kernel for AI

Falak Holding, a Saudi-based venture-building and investment platform, has acquired a majority stake in Kernel for AI, an artificial intelligence solutions company operating in Saudi Arabia and Jordan.

The value of the deal was not disclosed. Kernel will continue to operate independently while becoming part of Falak’s broader ecosystem.

Founded in 2025, Kernel develops AI products, delivers specialised training programmes and operates AI Startup Lab, an initiative focused on building practical AI solutions and supporting teams in scaling technical ideas into market-ready products.

The acquisition aligns with Falak’s strategy to expand its capabilities in advanced technologies by integrating Kernel’s technical expertise into its venture-building platform.

Kernel will maintain its operational structure while leveraging Falak’s investment network to expand its activities and support AI development across the region.