Saudi Arabia

Lambda Studios Secures $1.3 Mn Led by Merak Capital to Expand Beyond Roblox

Nov 13, 2026 | By Nguyen Minh

Lambda Studios Secures $1.3 Mn

Saudi Arabia-based gaming startup Lambda Studios has Secures $1.3 million in a funding round led by Merak Capital, as it plans to expand its game development and publishing business beyond Roblox to other platforms, including Steam.

Founded in 2024 by brothers Sari AlSaedi and Firas AlSaedi, Lambda Studios develops and publishes video games. The company started as a personal project in Makkah nearly a decade before it was formally established as a business.

Lambda Studios Expands Beyond Roblox

Lambda Studios initially focused on developing games for Roblox, where its titles have reached millions of players, according to Merak Capital. The studio is now expanding to additional gaming platforms, including Steam, to reach a wider international audience.

The company also aims to build its own intellectual property (IP), allowing it to retain ownership of the games it develops and expand its presence across different gaming platforms.

Funding to Support Game Development and Expansion

The newly Secures $1.3 million will support Lambda Studios' expansion beyond Roblox and strengthen its game development and publishing operations.

According to Merak Capital, the investment reflects the studio's focus on owning its intellectual property and building a business model that can grow across multiple gaming platforms.

Merak Capital Strengthens Saudi Gaming Portfolio

The investment adds to Merak Capital's growing portfolio of Saudi gaming companies focused on developing original intellectual property for international markets.

In July 2026, Merak Capital invested $1 million in Saudi gaming studio Floaty Studio through its Merak Gaming Fund. In August 2026, it also co-led a $1.45 million funding round in Majestic Mind Games alongside Impact46.

The latest investment highlights Merak Capital's continued interest in supporting gaming studios in Saudi Arabia.

About Lambda Studios

About Lambda Studios Company

Lambda Studios is a Saudi Arabia-based video game development and publishing company founded in 2024 by Sari and Firas AlSaedi. The studio initially developed games for Roblox and is expanding its operations to platforms such as Steam. It focuses on developing original gaming intellectual property and reaching international audiences.

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