{"id":71139,"date":"2026-07-18T19:28:36","date_gmt":"2026-07-18T16:28:36","guid":{"rendered":"https:\/\/entarabi.com\/?p=71139"},"modified":"2026-07-18T19:34:31","modified_gmt":"2026-07-18T16:34:31","slug":"floaty-studio-secures-1-million-to-accel","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2026\/07\/floaty-studio-secures-1-million-to-accel\/","title":{"rendered":"Floaty Studio Secures $1 Million to Accelerate Mobile Game Development and Expand Globally"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" dir=\"ltr\">Saudi-based <a href=\"https:\/\/floaty.sa\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Floaty Studio<\/a> has strengthened its expansion plans in the mobile gaming market after securing $1 million in a funding round led by Merak Gaming Fund, the gaming-focused investment fund managed by <a href=\"https:\/\/entarabi.com\/en\/2026\/05\/merak-capital-leads-1-65-million-investment-in-hakeem-health\/\">Merak Capital<\/a>. The fresh capital will be used to accelerate the development of new titles and support the company&#8217;s growth strategy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The investment comes as Saudi Arabia&#8217;s gaming sector continues to gain momentum, with specialized investment funds increasingly channeling capital into local game development studios as part of broader efforts to build a globally competitive gaming ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">Founded in 2023, Floaty Studio develops mobile games for international audiences. Its current pipeline includes Pirasea, a pirate-themed strategy game, and Hero Squad, an action title centered on battles between heroes and hostile robots.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The deal marks the latest investment by Merak Gaming Fund, which has previously backed several gaming startups, including Qwacks and Khosouf Studio, as part of its strategy to strengthen Saudi Arabia&#8217;s game development ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The fund operates under an $80 million investment vehicle and complements Exel by Merak, an accelerator program that has invested more than $5.1 million in 17 startups since its launch, while continuing to accept applications for new cohorts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment activity in Saudi Arabia&#8217;s game development sector continues to accelerate, fueled by specialized funds investing in local studios as part of the Kingdom&#8217;s broader efforts to build a globally competitive gaming industry.<\/p>\n","protected":false},"author":877,"featured_media":71137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8850],"tags":[13157,5462],"class_list":["post-71139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","tag-floaty-studio","tag-merak-capital"],"acf":[],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/877"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=71139"}],"version-history":[{"count":1,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71139\/revisions"}],"predecessor-version":[{"id":71140,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/71139\/revisions\/71140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/71137"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=71139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=71139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=71139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}