Khosouf Studio, a game development company based in the UAE, has received $600,000 in seed funding from Merak Capital.
It is a UAE-based game company that makes high-quality games for PC, gaming consoles, and virtual reality platforms.
The investment was made through Merak Capital’s Gaming Fund. This fund works in partnership with the National Development Fund.
The fund supports new gaming startups and early-stage studios to help build a strong and globally competitive gaming industry in Saudi Arabia.
Abdulelah Alshareef, Principal of Venture Capital at Merak Capital, commented: “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.”
Khosouf Studio was founded in 2020. It makes and publishes high-quality story-based games for PC, consoles, and virtual reality.
Its first game, BOX to the BEAT VR, won awards and was released worldwide. The studio is now working on two new original games called The Panic Pit and Glitch Core. Glitch Core is a shooting game that also focuses on team play.
Apart from making games, Khosouf Studio also provides virtual reality services. These include interactive experiences, training simulations, and educational VR solutions for different clients.
Ahmad Al-Natsheh, Founder and Chief Executive Officer of Khosouf Studio, said, “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.”
In 2024, Merak Capital started a SAR 306 million gaming fund and accelerator program to support promising game studios. The goal is to help these studios create and grow their own original games and build long-term value in Saudi Arabia.
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