Merak Capital
Merak Capital launches Exel By Merak 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 agritech startup, Nabt raises $1.5 million led by Merak Capital
Nabt, a pioneering Saudi agritech startup, has successfully closed a $1.5 million seed investment round in Q3 2024, led by Merak Capital, a technology-focused investment firm, with the participation o...
Yalla Plus raises $2.7 million in seed funding
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round. The round raised $2.7 million, led by Merak Capital, with participation from Khwarizmi Ventures, Isom...
Saudi NDF, SDB 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...
Saudi Jisr secures $30 million in Series A from Merak Capital
Jisr, the largest platform for digitising human resources operations in Saudi Arabia, has closed an investment round worth $30 million by Merak Capital. This marks the largest Series A investment roun...
Lawazem secures $1.3 million in seed round
Lawazem, an operational procurement company, has closed a seed deal totaling $1.3 million. The round was led by Merak Capital, a technology investment firm licensed by the Capital Market Authority of ...
Saudi tech company Master Works raises $40 million
Master Works, a leading data and digital transformation company announced that it has raised an investment of $40 million (150 million SR) in one of Saudi’s biggest technology deals to date. The...