Venture
Capital

Merak Capital operates a multi-fund venture platform backing companies that define the next wave of economic and technological growth.

Our role extends beyond capital investment. We serve as a strategic partner, offering operational guidance and access to a global network, all aimed at helping our portfolio companies navigate challenges and scale effectively.

What We Do

Merak Capital invests in founders building the digital infrastructure of Saudi Arabia and the region. Through innovation and disciplined venture support, early traction becomes resilient growth.

Investment Scope

Software and data platforms that enable essential services in the real economy: enterprise applications, fintech infrastructure, healthcare technology, industrial and field services software, supply chain and logistics technology, cybersecurity, and developer tools. Preference for recurring or repeat revenue, strong retention, and scalable distribution.

Strategic Rationale

Saudi Arabia’s digital transformation and regulatory programs create non discretionary demand and clear adoption paths. Products that reduce cost, improve compliance, and increase speed become embedded in customer workflows. Focus on retention, unit economics, and payback converts traction into sustainable growth through innovation.

Geographic Focus

Kingdom of Saudi Arabia as the primary market, supported by local sourcing and relationships. Selective MENA exposure only where it strengthens a Saudi platform or accelerates commercialization. Participation outside the region only where there is a direct link to Saudi demand or technology transfer.

Investment Scope

Software and data platforms that enable essential services in the real economy: enterprise applications, fintech infrastructure, healthcare technology, industrial and field services software, supply chain and logistics technology, cybersecurity, and developer tools. Preference for recurring or repeat revenue, strong retention, and scalable distribution.

Strategic Rationale

Saudi Arabia’s digital transformation and regulatory programs create non discretionary demand and clear adoption paths. Products that reduce cost, improve compliance, and increase speed become embedded in customer workflows. Focus on retention, unit economics, and payback converts traction into sustainable growth through innovation.

Geographic Focus

Kingdom of Saudi Arabia as the primary market, supported by local sourcing and relationships. Selective MENA exposure only where it strengthens a Saudi platform or accelerates commercialization. Participation outside the region only where there is a direct link to Saudi demand or technology transfer.

30+

Portfolio Companies and growing

Flexible
Deployment

capital matched to stage
and risk profile

25%+

OPEN TO EMERGING
VERTICALS

75M

with public institutions and
LEADING techNOLOGY firms

We believe the next decade of economic growth in Saudi and the broader region will be driven by technological innovation.

Our Active Funds

technology sector

Merak Technology Venture Fund I
(MTVF I)

MTVF I's mandate is to finance the region's most promising early-stage ventures poised for category leadership.

Our investment thesis targets technology‑native and tech‑enabled models where scalable architecture and defensible IP are central to the growth trajectory. 



Alongside strategic capital, our founders gain access to expertise in go‑to‑market execution, optimizing unit economics, and building durable competitive advantages.

gaming fund

Merak Gaming
Fund (MGF)

MGF is dedicated to building the future of gaming, with a strategic focus on establishing Saudi Arabia as a global hub for the industry.

We provide early‑stage capital to high‑potential ventures across the gaming ecosystem, from innovative development studios and publishers to the foundational technology platforms that power them. 



MGF is augmented by the Exel Gaming Accelerator, our proprietary program designed to de-risk and cultivate pre‑seed ventures through structured mentorship and initial capital injection.

Our Key Pillars

Thesis-Driven Sourcing

Our investment process begins with a top-down, thesis-driven perspective on the markets we cover. By identifying key technological and economic shifts, we proactively seek out companies that are not only positioned to lead but are actively defining the future of their industries. This focused approach allows us to engage with founders on a strategic level from day one.

Decisive Diligence

We conduct deep, rigorous due diligence focused on technology, market potential, and team dynamics. Our process is designed to be both thorough and efficient, respecting the time of founders. We combine quantitative analysis with qualitative insights to build strong conviction, allowing us to be decisive and reliable partners at the investment table

A Strategic Growth Ecosystem

A core component of our value proposition is the powerful ecosystem we have built. We maintain active, collaborative relationships with key government entities and global technology leaders. For our founders, these partnerships translate directly into unique market insights, valuable commercial introductions, and a powerful advantage for navigating regulatory landscapes.

"Venture capital at Merak is how we back the next generation of regional champions. We look for founders who are agents for change, harnessing technology to solve real-world problems in Saudi and MENA.

We support them with disciplined capital, product and data expertise, and long‑term partnerships."

Abdullah Altamami


Founder & CEO