Saudi VC Impact46 Invests Over $6.6 Million in Five Gaming Studios
The investment round includes Fahy, NJD, Game Cooks, Starvania, and Alpaka, whose projects span mobile, PC, console, and hybrid-casual action games.
Saudi venture capital firm Impact46 has invested more than $6.6 million (SR 25 million) across five game development studios as part of its SR 150 million Gaming Fund, launched in March 2024.
The investment round includes Fahy, NJD, Game Cooks, Starvania, and Alpaka, whose projects span mobile, PC, console, and hybrid-casual action games. The move expands Impact46’s gaming portfolio to seven active ventures, following earlier investments in Spoilz and Spekter Games.
The firm’s gaming investments align with Saudi Arabia’s National Gaming and Esports Strategy and Vision 2030, which aim to position the Kingdom as a global gaming hub. National initiatives supporting this sector include the National Development Fund, CODE, and the Saudi Esports Federation.
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