Floaty Studio raises $1m from Merak Capital
The Saudi mobile game developer will expand its development pipeline and team capabilities.
Floaty Studio raised $1 million in a round led by Merak Capital through the Merak Gaming Fund, reported on July 19, 2026. The investment supports new mobile games and international expansion.
Founded in Riyadh in 2023, the studio develops accessible games for global players. Its upcoming titles include pirate strategy game Pirasea and action game Hero Squad.
Use of funds
Develop mobile games
Expand team capabilities and international reach