Merak Capital Leads $1 Million Investment in FLOATY Studio to Scale Saudi Mobile Games for Global Markets
Merak Capital has led a $1 million investment round in FLOATY Studio through the Merak Gaming Fund (MGF), reinforcing its continued commitment to supporting Saudi game development studios and accelerating the growth of the Kingdom’s gaming ecosystem.
FLOATY Studio is a Saudi-based mobile game developer focused on creating games that combine intuitive gameplay with long-term player engagement, while targeting players across global markets through scalable mobile gaming experiences.
The investment was made through the Merak Gaming Fund (MGF), which was established to support high-potential gaming startups and strengthen Saudi Arabia’s gaming industry. The fund has previously invested in several gaming studios as part of its strategy to foster local intellectual property and globally competitive game development.
Merak Capital stated that the investment reflects its conviction in FLOATY Studio’s product vision and Saudi Arabia’s growing position as a hub for gaming entrepreneurship.
Headquartered in Riyadh, Merak Capital is a Saudi multi-strategy investment firm investing across venture capital and other asset classes, with dedicated initiatives supporting innovation and high-growth technology companies, including the gaming sector.
