Merak Capital

DOO raises $1.7M in funding round led by Merak Capital

DOO, the AI-powered customer experience platform transforming how enterprises engage with their customers, announced the close of its $1.7M funding round led by Merak Capital, with participation from ...

Sheba Joy secures $293,000 funding from Merak Capital

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 funding 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 support gaming startups 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 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...