Majestic Mind Games seed round raises 1.45 million dollars
Category: Media, Gaming & Creator Economy
By Irfan
Published: 2026-08-12T09:20:07.000Z
Jeddah studio Majestic Mind Games has raised 1.45 million dollars co-led by Merak Capital and Impact46. The sum is small, but it funds original Saudi game IP aimed at global markets, part of a maturing homegrown gaming ecosystem under Vision 2030.
Majestic Mind Games seed round has landed 1.45 million dollars, and while the sum is small, what it funds tells a bigger story about where Saudi gaming is heading. The Jeddah-based studio raised the round co-led by Merak Capital and Impact46, with backing from NEOM, to support the development of original video games aimed at international markets. This is not a bet on distributing someone else's titles or making quick mobile clones, but capital going into homegrown Saudi intellectual property built to compete globally, and that focus on original creation is what makes a modest raise worth noting. The studio itself has a clear identity and early proof of its ambitions. Founded in 2023 by Lujain Albukhari and Majed Anbar, Majestic Mind Games develops original titles primarily for PC, with selected games expanding to console and mobile. Its debut, an action roguelite called Tri Survive, launched on Steam in September 2025, and its distinctive hook is right there in the name, letting players control a team of three heroes at once rather than the usual single character. That kind of mechanical twist is exactly what an indie studio needs to stand out in a crowded market, and the fresh funding will go toward developing new original titles and expanding existing releases like Tri Survive onto more platforms. Co-founder and CEO Majed Anbar called the round an important milestone, framing the team's aim as building fun, value-adding gaming experiences rather than chasing trends. The pattern behind this raise is what gives it real significance, because Majestic Mind Games did not emerge from nowhere. It is a graduate of NEOM's Level Up gaming accelerator and a previous winner of the Best Games Startup prize at the MENA Games Industry Awards, and the layering of state-linked support followed by private venture capital is exactly the pipeline Saudi Arabia has been trying to build. Government-backed programmes like Level Up de-risk studios early with mentorship and funding, and commercial investors then step in to scale the promising ones. That the same two investors, Merak Capital and Impact46, co-led a nearly identical 1.5 million dollar round for fellow Saudi studio Ash Games just weeks earlier underscores how deliberate this ecosystem-building is, with a small group of Saudi funds repeatedly co-signing the Kingdom's original-game bets. The regional and strategic significance places this within one of Vision 2030's most heavily backed pillars. Gaming is a formal national priority for Saudi Arabia, which counts tens of millions of gamers and targets a contribution of around 13.3 billion dollars to GDP by 2030 through its National Gaming and Esports Strategy. Much of the visible spending has gone into the headline end of the industry, the Savvy Games Group acquisitions and the recent 55 billion dollar buyout of Electronic Arts, but studios like Majestic Mind Games represent the harder, less glamorous other half, building genuine local creative capacity and original IP rather than buying it. NEOM's Level Up accelerator has now supported a growing roster of Saudi studios with a strong survival record, and this raise is a marker of that ecosystem maturing from hosting global titles toward producing homegrown ones. The honest caveat is that original premium games are among the riskiest bets in entertainment, where development runs long and even polished titles can fail commercially, and 1.45 million dollars is a modest budget against that challenge. But the Majestic Mind Games seed round is a genuine vote of confidence, and if its original titles find a global audience, the studio becomes further proof that Saudi Arabia can export interactive culture rather than merely finance it.