Spoilz, a Saudi game development company known for its culturally resonant and fun-focused titles, has secured a new investment with participation from Merak Capital, Impact46, and other investors. The funding will enable Spoilz to expand its game development and LiveOps capabilities, support the creation of globally competitive games, and attract top gaming talent in the Kingdom.
By the Numbers
Founded in 2020, Spoilz has quickly become a rising force in the regional gaming scene:
- Founded in 2020: The year the company was launched by CEO Musab Almalki.
- 2 Million+ Players: The number of players engaged worldwide by Spoilz’s games.
A Dual-Track Approach to Gaming
Spoilz has adopted a unique dual-track strategy, positioning itself as both a content creator and a service provider. In addition to developing its own original titles for multiple platforms—from mobile to PC, console, and smart TVs—the company offer B2B and LiveOps (Live Operations) services tailored for the MENA region. These services include market analysis, UI/UX, localization, and player-engagement strategies for institutional partners.
Fueling a New Wave of Saudi Creativity
The new investment is set to accelerate the company’s growth and its ability to compete on a global scale.
“This investment is a major leap forward for Spoilz,” said Musab Almalki, CEO and Founder of the company.
“We’re building more than games, we’re building experiences that connect with everyday players while reflecting the creativity and identity of our region. With Merak Capital’s support, we’ll be able to level up our development pipeline, grow our LiveOps offering, and bring Saudi-born mobile games to the world stage.”
A Strategic Investment in a Thriving Ecosystem
The investment in Spoilz reflects Merak Capital’s broader commitment to advancing the gaming industry in Saudi Arabia through its dedicated gaming fund.
Abdulelah Alshareef, Vice President of Venture Capital at Merak Capital, said, “Our investment in Spoilz affirms Merak Capital’s confidence in the ability of Saudi creativity to compete globally. We believe that Spoilz is a model of innovation and ambition that will contribute to strengthening the Kingdom’s position as a global hub for gaming.” This backing of homegrown studios like Spoilz is a key part of shaping a vibrant, self-sustaining gaming ecosystem in line with Saudi Arabia’s Vision 2030.
Source: Zawya
