FLOATY Studio secures $1 million from Merak Capital

Saudi Arabia-based FLOATY Studio has raised $1 million in a funding round led by Merak Capital through the Merak Gaming Fund. Founded in 2023 by Fahad Qaysi, Zeyad Almalki and Abdullah Salah, FLOATY Studio develops casual mobile games for international audiences and is currently building two titles: Pirasea, a pirate-themed strategy game, and Hero Squad, a sci-fi action game. The fresh capital…

wamda.com ·2026-08-01

Saudi-based FLOATY Studio has secured $1 million in funding from Merak Capital via the Merak Gaming Fund to bolster its game development efforts and expand its global reach. Founded in 2023 by Fahad Qaysi, Zeyad Almalki, and Abdullah Salah, the studio develops casual mobile games for international audiences and is currently working on two titles: Pirasea, a pirate-themed strategy game, and Hero Squad, a sci-fi action game.

The investment aims to accelerate game development, enhance production capabilities, and support the company's strategy to establish Saudi-developed intellectual property in global markets.

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