Tech in Asia
Tag: venture
Wamda
Sheba Joy raises $293,000 pre-seed from Merak Capital
Saudi Arabia-based mobile gaming studio Sheba Joy has raised $293,000 (SAR 1.1 million) pre-seed funding led by Merak Capital. Founded in 2021 by Ebrahim Al Hussam and Faisal Aidaros, […]
Wamda
Merak Capital backs Spoilz as part of Saudi Arabia’s push to lead global gaming
Saudi Arabia-based game development studio Spoilz has secured funding co-led by Merak Capital and Impact46, with participation from other investors. Founded in 2020 by Musab Almalki, Spoilz also offers B2B […]
Technode
Taobao’s first programmer joins startup after 25 years at Alibaba
Brands need new strategies to adapt to the changing e-commerce landscape in China in 2023. Credit: 123RF Cai Jingxian, known as Taobao’s first programmer, has joined […]
Wamda
Professional.me secures $3.1 million seed round led by Raha Beach Ventures
Press release: Professional.me, an AI-powered recruitment platform, has raised $3.1 million in a seed funding round led by Raha Beach Ventures, bringing its total funding to […]
Wamda
Fahy lands $1.75 million investment to build Saudi gaming hits
Press release: Fahy, a rising game development studio in Saudi Arabia, has secured a strategic investment of $1.75 million from Impact46 and Merak Capital. This milestone […]
Wamda
The emerging VC gamble for family offices
Family offices are increasingly courted by emerging venture capital managers, drawn in by the promise of outsized returns and early access to the next generation of […]