Merak Capital Leads $1.3 Million Funding Round in Lambda Studios

By: www.wamda.com|11/12/2026 12:46:59

Saudi Arabia's Lambda Studios, specializing in the development and publishing of video games, has raised $1.3 million in a funding round led by Merak Capital. Founded in 2024 by Sari and Firas Al-Saadi, the company started as a personal project in Mecca nearly ten years ago. Lambda Studios began its activities on the Roblox platform, where its games reached millions of players, and is currently seeking to expand to new platforms such as Steam. The new funding will support the company's expansion beyond the Roblox platform and aims to make its games available to a broader audience in global markets. Merak Capital previously invested $1 million in Floaty Studio in July 2026 and participated in leading a $1.45 million funding round for Majestic Mind Games in August. This investment enhances Merak Capital's portfolio in the Saudi electronic gaming sector.

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