Merak Capital

Last updated:
August 28, 2025
Merak Capital
A CMA-licensed asset management firm based in Riyadh, investing across venture capital, private equity, and credit with a strong focus on technology-driven opportunities.
Preferred Investment Stage
Seed
Series A
Series B
Fund Type
Venture Capital
Avg. Ticket Size Range
Up to $300K
Varies depending on program
HQ Location
Riyadh, KSA
Overview

Merak Capital, founded in 2018 and licensed by the Capital Market Authority in Saudi Arabia, is dedicated to driving innovation and growth across the region. With investment vehicles spanning venture capital, private equity, credit financing, and special projects, Merak focuses on technology-led opportunities in software, hardware, gaming, fintech, and e-commerce. Through its Merak Gaming Fund and Exel Gaming Accelerator, the firm also supports game developers and interactive media startups across MENA. Merak combines deep market research with hands-on guidance to empower founders and scale high-potential businesses.

Portfolio Highlights

Merak launched the Merak Gaming Fund and Exel Gaming Accelerator to nurture regional game developers and has backed high-growth startups in fintech, e-commerce, and blockchain, positioning itself as a key enabler of Saudi Arabia’s innovation economy.

Some of their known investments include:

  • HyperPay (FinTech)
  • Ooyod
  • BitOasis
  • Nabt
  • Lawazem