Merak Capital has led a $1.3 million investment in Lambda Studios, a Saudi gaming startup, according to Wamda.
Key facts
- Merak Capital led the investment round
- Lambda Studios is a Saudi gaming startup
- The round totalled $1.3 million
Lambda Studios Saudi Gaming Funding Details
Wamda reported that Merak Capital led the $1.3 million investment in Lambda Studios. The report identifies Lambda Studios as a gaming startup based in Saudi Arabia.
What the Deal Means for Gulf Gaming Startups
The deal adds to funding activity in the Gulf’s gaming sector, with Lambda Studios named as a Saudi-based company backed by Merak Capital in the $1.3 million round.
