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Top 10 Video Games Startup Investors in Saudi Arabia (September 2026)

The most active venture capital funds and angel investors investing in Saudi Arabia Video Games startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Video Games startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Exel by Merak
VC Fund
9 Saudi Arabia, Egypt, United Kingdom Pre-Seed, Seed, Venture - Series Unknown Gaming, Video Games, Online Games $293k–$300k
Impact46
VC Fund
3 Saudi Arabia, United Arab Emirates, United States Seed, Series A E-Commerce, Financial Services, Gaming $1M–$22M
Merak Capital
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Pre-Seed, Series A Gaming, Software, Financial Services $293k–$30M
Vision Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $22k–$27M
Oxbull
VC Fund
1 Sweden, Vietnam, Singapore Seed, Pre-Seed, Series B Software, Blockchain, Cryptocurrency $750k–$5M
Equinox
VC Fund
1 Italy, Saudi Arabia, United States Seed, Private Equity, Venture - Series Unknown Gaming, Retail, Social
Spicy Capital
VC Fund
1 Singapore, Costa Rica, Saudi Arabia Seed, Pre-Seed, Series A Blockchain, Bitcoin, Gaming $50k–$3M
MoonEdge
VC Fund
1 Andorra, Saudi Arabia Seed, Pre-Seed Gaming, Online Games, Social $1M–$7M
Kanga Exchange
VC Fund
1 Saudi Arabia Seed Gaming, Social, PC Games
Raz Group
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Convertible Note Events, Advertising, Media and Entertainment $550k–$2.5M
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Investor list

Exel by Merak
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 9 investments in Saudi Arabia Video Games startups, 19 in the past 12 months

The Exel Gaming Accelerator is a 16-week program tailored to support early-stage gaming startups in achieving their full potential.

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Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Saudi Arabia, Egypt, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $300k–$300k; Pre-Seed $293k–$300k; Venture - Series Unknown $300k–$300k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Sandouq — Sandouq focuses on creating delightful gaming experiences branded as "Sandouq".
  • Taka Studio — Indie game studio crafting design-driven experiences. Currently developing HexaFootball, a turn-based football strategy game for PC.
  • Entropy Minds — Entropy Minds is a Saudi game development studio founded in 2024, creating innovative gaming experiences blending Saudi culture with global standards.
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Video Games startups, 7 in the past 12 months

Impact 46 is an asset manager and advisor that specializes in alternative investment opportunities. The firm provides innovative investment products and services to local & international institutions, family groups, endowments, and high net worth investors.

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Investment focus

  • Industry: E-Commerce, Financial Services, Gaming
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 86
  • Round size: Seed $1M–$5M; Series A $5M–$22M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $133M in 2023

Portfolio highlights

  • CashIn — Cashin to Lead the Digital Transformation in Petrol Stations!
  • Ash Games Studio — Ash Games Studio develops and publishes interactive video games. Available materials indicate a focus on original titles alongside contract game development services for partners. Work typically spans concept, design, prototyping, programming, art, and testing, followed by content updates and live support. Offerings may include co-development andcontent production for mobile and PC releases, along with community and analytics support.
  • Majestic Mind Games — Majestic Mind Games is a game studio creating strategic, mind-engaging video games.
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Merak Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Video Games startups

Merak Capital manages private funds in Venture Capital, Private Equity, Debt Financing, and other asset classes.

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Investment focus

  • Industry: Gaming, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $587k–$8M; Pre-Seed $293k–$1.7M; Series A $2.1M–$30M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Arsann — ARSANN specializes in consulting services and offers a parking management app that allows operators to monitor cars entering and leaving their facilities. The company also links gig-workers with part-time job opportunities, enhancing workforce flexibility. Additionally, ARSANN collaborates with partners to build smart EV charging networks atparking facilities, contributing to sustainable transportation solutions.
  • Ash Games Studio — Ash Games Studio develops and publishes interactive video games. Available materials indicate a focus on original titles alongside contract game development services for partners. Work typically spans concept, design, prototyping, programming, art, and testing, followed by content updates and live support. Offerings may include co-development andcontent production for mobile and PC releases, along with community and analytics support.
  • Majestic Mind Games — Majestic Mind Games is a game studio creating strategic, mind-engaging video games.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Video Games startups, 10 in the past 12 months

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 130
  • Round size: Seed $200k–$5M; Pre-Seed $22k–$1.7M; Series A $1.3M–$27M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Raff — RetailTech startup aiming to be the center of commerce.
  • Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
  • Lola Do — Lola, Cake for every occasion, Customized your cake selections and Lola will bake it with love!
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Oxbull
VC Fund · 1 investments in Saudi Arabia Video Games startups

Charging the Future of Blockchains

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Investment focus

  • Industry: Software, Blockchain, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Sweden, Vietnam, Singapore

Investor stats

  • Total investments: 7
  • Round size: Seed $750k–$5M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Privasea — Privasea is a company that provides global clients with tailored computing and data sharing solutions that conform to security standards while allowing user to use all of data, including sensitive types.
  • Astra Nova — Astra Nova is an AI-native entertainment ecosystem fusing no-code games, interactive comics, and creator tools. Backed by NVIDIA Inception & Shiba Inu.
  • NuLink — NuLink combines best practices with best-of-breed security solutions to provide privacy-preserving technology with enterprise level security for decentralized applications
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Equinox
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Saudi Arabia Video Games startups

Equinox: Unlocking value in the Italian private equity mid-market

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Investment focus

  • Industry: Gaming, Retail, Social
  • Stage:Seed, Private Equity, Venture - Series Unknown
  • Geography: Italy, Saudi Arabia, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $209M in 2025

Portfolio highlights

  • Pizzium — Pizzium is a food retail chain restaurants who are into Neapolitan pizza making and selling business.
  • Astra Nova — Astra Nova is an AI-native entertainment ecosystem fusing no-code games, interactive comics, and creator tools. Backed by NVIDIA Inception & Shiba Inu.
  • Rhone Apparel — Official Site: Men's high-performance activewear engineered for comfort with anti-stink technology. Buy now with fast shipping and free returns/exchanges!
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Spicy Capital
VC Fund · Panama City, Panama, Panama · 1 investments in Saudi Arabia Video Games startups

Spicy Capital is dedicated to supporting innovative ideas that aim to transform the blockchain sector. They help initiatives from fundraising to success by leveraging our deep experience and industry relationships.

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Investment focus

  • Industry: Blockchain, Bitcoin, Gaming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Costa Rica, Saudi Arabia

Investor stats

  • Total investments: 12
  • Round size: Seed $50k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OpenPad AI — OpenPad - The 1st AI Decentralized Launchpad
  • Time Universe — Token unified consumer ecosystem across social, gaming, and creator infrastructure
  • Gambit Markets — Social + AI layer for prediction markets. Built on @robinhoodcrypto with $USDG deposits & settlement. Trade smarter with AI agents, combos & social insights.
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MoonEdge
VC Fund · 1 investments in Saudi Arabia Video Games startups

The first decentralized launch pad fully dedicated to IDO on Polygon

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Investment focus

  • Industry: Gaming, Online Games, Social
  • Stage:Seed, Pre-Seed
  • Geography: Andorra, Saudi Arabia

Investor stats

  • Total investments: 3
  • Round size: Seed $1M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Astra Nova — Astra Nova is an AI-native entertainment ecosystem fusing no-code games, interactive comics, and creator tools. Backed by NVIDIA Inception & Shiba Inu.
  • Galaxy Fight Club — The first cross-IP PvP game for the NFT universe
  • Blockchain Monster Hunt — Blockchain Monster Hunt develops an NFT collectible game that lives on multiple blockchains. It is a multi-chain metaverse game that connects people from different blockchain communities. It allows users to play and earn in an abundantly diverse world of monsters
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Kanga Exchange
VC Fund · Gdansk, Pomorskie, Poland · 1 investments in Saudi Arabia Video Games startups

Kanga is not limited to the best cryptocurrency exchange Kanga Global. We also offer you Kanga Cash, Kanga Local, Kanga Pay services. Find out more!

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Investment focus

  • Industry: Gaming, Social, PC Games
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Astra Nova — Astra Nova is an AI-native entertainment ecosystem fusing no-code games, interactive comics, and creator tools. Backed by NVIDIA Inception & Shiba Inu.
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Raz Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Video Games startups

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

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Investment focus

  • Industry: Events, Advertising, Media and Entertainment
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 47
  • Round size: Seed $550k–$2.5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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Video Games Investor funding in Saudi Arabia at a glance

Stats across 22 deals from 24 investors.

24
investors
in Saudi Arabia Video Games startups
22
deals
in Saudi Arabia Video Games startups
$300k
median round
in Saudi Arabia Video Games startups
33%
lead investors
lead at least one round
73%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 24 investors in Saudi Arabia Video Games startups.

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