• News
  • Middle East

Merak Capital Leads US$1.3 Million Lambda Studios Round

Saudi studio expands from Roblox to Steam after Merak Capital-led round

11/12/2026
•Ali Abounasr El Alaoui
Back to News

Saudi gaming studio Lambda Studios raised US$1.3 million in a funding round led by Merak Capital. The company develops and publishes games, and it started on Roblox. It now plans to expand to platforms including Steam.


Funding details

Merak Capital said the studio owns its intellectual property and grows with discipline. The investment firm believes those qualities help developers carry success across platforms. The round adds to Merak Capital's recent gaming investments in Saudi Arabia.

Company background

Lambda Studios was founded in 2024 by Sari and Firas AlSaedi. The founders started the project nearly a decade ago from a living room in Makkah. The company reached millions of players on Roblox, according to Merak Capital.

Platform expansion

The studio built its business on Roblox. It is preparing to introduce its intellectual property to new audiences on Steam. The expansion will test whether its existing community can support a multi-platform business.


Lambda Studios' next step is its expansion onto Steam. The company aims to attract players beyond Roblox. Its performance will offer a closer look at Saudi gaming companies building original titles for global audiences.