Merak Capital’s Gaming Fund has led a SAR 2.2 million (USD 600,000) seed round in Khosouf Studio, a UAE-based independent game developer specializing in premium PC, console, and virtual reality titles.
The fund is delivered in partnership with the National Development Fund and aims to empower the next generation of gaming startups by supporting early-stage studios that help develop a globally competitive gaming ecosystem in Saudi Arabia.
“Khosouf Studio represents the type of globally minded gaming developer we seek to support through Merak Capital’s Gaming Fund.
This investment reflects our conviction in backing local and international studios with strong creative and technical capabilities that are committed to building and scaling their operations from Saudi Arabia.
By supporting teams like Khosouf, we aim to accelerate the development of globally competitive gaming intellectual property while contributing to the growth of the Kingdom’s gaming ecosystem.”
Abdulelah Alshareef, Principal of Venture Capital at Merak Capital
Founded in 2020, Khosouf Studio develops and publishes premium, narrative-driven titles for PC, console, and VR platforms.
The studio released its award-winning debut title, BOX to the BEAT VR, internationally and is currently in production on two original IPs: The Panic Pit and Glitch Core, a first-person shooter roguelite with a strong co-op focus.
Alongside its original games, Khosouf Studio delivers gaming and non-gaming VR services, including interactive experiences, simulations, and educational solutions for clients.
“Merak Capital’s investment is an absolute game changer. It will elevate our goals and push us to new heights while helping establish our long-term base in Saudi Arabia.
Having such an established and capable partner allows us to scale with confidence while publishing proudly locally developed original titles across the entire world.”
Ahmad Al-Natsheh, Founder and Chief Executive Officer of Khosouf Studio
