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Gaming company Qwacks bags SAR 1.8 mn in pre-seed funding from Merak Capital
The firm will use the funding to upgrade its platform, deepen product integrations, and reach more studios in Saudi and…
Nabt raises USD 3.4 mn in seed extension round
ALSO- Saudi-based Taager has expanded its social e-commerce into Morocco
Merak Capital invests SAR 100 mn in smart parking operator Arsann
The funding will help Arsann expand its tech and data systems and join gigaprojects
SRMG will promote PIF’s Diriyah
ALSO- OmniOps inked an MoU with US-based chipmaker Groq to boost AI adoption in the Kingdom
Merak Capital launches SAR 306 mn gaming fund + accelerator program
The first batch of the accelerator program will induct 15-20 early-stage startups
Merak Capital is investing SAR 310.8 mn in SHIFT
Both Saudi firms aim to boost the Kingdom’s transportation and logistics sectors
Yalla Plus closes SAR 10 mn seed round
The round was led by Merak Capital