{
  "id": 19650496,
  "title": "Merak Capital leads $1.3 million investment in Saudi gaming startup Lambda Studios",
  "url": "https://urgent.news/2026/11/12/merak-capital-leads-1-3-million-investment-in-saudi-gaming-startup",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T10:44:51.000Z",
  "source": {
    "name": "Wamda",
    "slug": "wamda",
    "url": "https://www.wamda.com/2026/11/merak-capital-leads-1-3-million-investment-saudi-gaming-startup-lambda-studios"
  },
  "original_language": "en",
  "account": "Saudi gaming startup Lambda Studios has secured $1.3 million in funding from Merak Capital, a Riyadh-based investment firm. The round, led by Merak Capital, brings in new investors, though their identities remain undisclosed. Founded by Sari and Firas AlSaedi in 2024, Lambda Studios initially operated as a personal project in Makkah for nearly a decade before becoming a formal game development and publishing company. The studio's games have amassed millions of players on Roblox since its inception, but the founders now aim to expand their reach to other platforms, including Steam. The investment will fuel Lambda Studios' growth beyond Roblox, enabling the company to bring its intellectual property to a broader international audience. Merak Capital's support stems from the startup's ownership of its games and its strategic growth approach, which the firm believes will enable Lambda Studios to replicate its success across various gaming platforms. This round follows Merak Capital's $1 million investment in Floaty Studio in July 2026 and its involvement in a $1.45 million funding round for Majestic Mind Games in August.",
  "summary": "Saudi gaming startup Lambda Studios has raised $1.3 million in a funding round led by Merak Capital, a Riyadh-based investment firm. The round's stage and other participating investors were not disclosed. Founded in 2024 by Sari and Firas AlSaedi, Lambda Studios develops and publishes video games. The business originated as a project the founders started in Makkah nearly a decade before formally…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}