Exel by Merak, the accelerator backed by Merak Capital’s $80 million gaming fund, is now accepting applications for its first cohort.
According to the organisers, the accelerator aims to support both local and international gaming startups at Seed stage to Series B with mentorship, funding, and resources to enhance the global gaming industry.
Information on the Exel by Merak website reads, “Our direct investment program empowers gaming startups at Seed to Series B by providing the capital and resources needed to innovate and scale.
“For Saudi-based companies, we focus on accelerating growth into the global market. No matter your starting point, we’re here to drive your success in a competitive global landscape.
“For international companies, we offer tailored support to facilitate your relocation to Saudi Arabia, including guidance on establishing operations and integrating into the thriving local gaming ecosystem. Wherever you’re starting from, we’ll help you succeed in a competitive global market.”
The Exel program includes a 2-week virtual bootcamp, followed by a 16-week acceleration phase and a Demo Day to pitch to investors. Apply now!
The Merak Gaming Fund is an $80M investment fund, sponsored by the National Development Fund (NDF), and managed by Merak Capital. Their mission is to foster innovation, create opportunities, and position Saudi Arabia as a global hub for a thriving gaming ecosystem.
