Merak Capital
Saudi based gaming studio, Sheba Joy raises $293,000
Sheba Joy, a mobile gaming studio now headquartered in Riyadh, has raised $293,000 in a pre-seed funding round led by Saudi venture capital firm Merak Capital.
Classy Games secures investment from Merak Capital
Classy Games Studios, a gaming company operating between Northern Ireland and Saudi Arabia, has secured fresh funding from Merak Capital and Exel by Merak in the Kingdom of Saudi Arabia. The investmen...
Merak Capital and Huawei Cloud to develop gaming industry in Saudi Arabia
Merak Capital, a leading technology-focused investment firm in KSA and Huawei Cloud have announced a strategic partnership to accelerate the development of Saudi Arabia’s gaming industry through...
Merak Capital launches SAR 306 million gaming fund to empower gaming startups
Merak Capital, a leading technology-focused investment firm, launched its 306 million Saudi Riyals Exel By Merak gaming fund and gaming accelerator to empower the next generation of gaming startups.
Saudi NDF partners SDB to establish $120 million venture funds for gaming and esports
In an innovative move to bolster the gaming and Esports industry within the Kingdom, the National Development Fund (NDF), in collaboration with the Social Development Bank (SDB), announced the signing...