{"id":3942,"date":"2025-08-25T09:58:51","date_gmt":"2025-08-25T06:58:51","guid":{"rendered":"https:\/\/ksa.fintechnews.media\/?p=3942"},"modified":"2025-08-25T12:34:09","modified_gmt":"2025-08-25T09:34:09","slug":"impact46-invests-53mln-in-kammelna-studio-marking-largest-deal-in-saudi-gaming-sector","status":"publish","type":"post","link":"https:\/\/ksa.fintechnews.media\/?p=3942","title":{"rendered":"Impact46 Invests $53mln in Kammelna Studio, Marking Largest Deal in Saudi Gaming Sector"},"content":{"rendered":"

Riyadh, August 23, 2025<\/strong> \u2014 Saudi venture capital firm Impact46<\/strong><\/a> has announced its largest investment to date, committing more than SAR 200 million ($53 million)<\/strong> to Kammelna Studio<\/strong><\/a>, the Dammam-based developer behind the Kingdom\u2019s most popular culturally rooted games, including Baloot<\/strong> and Jackaroo<\/strong>.<\/p>\n

Kammelna has emerged as a market leader in culturally inspired Saudi games, with its titles downloaded over 6 million times<\/strong> and boasting more than 1 million monthly active users<\/strong>. Its Baloot tournaments<\/strong> alone have attracted 150,000 participants<\/strong>, highlighting the game\u2019s strong cultural significance. With a team of over 40 professionals across engineering, AI, product, and growth, Kammelna stands as the largest independent Saudi gaming developer<\/strong>.<\/p>\n

The deal was unveiled during the Next-Gen Sports Conference (NGSC25)<\/strong>, held alongside the Esports World Cup in Riyadh<\/strong>, and witnessed by H.E. Eng. Abdullah Alswaha, Minister of Communications and Information Technology<\/strong>, underscoring the strategic importance of the agreement to Saudi Arabia\u2019s gaming<\/a> ecosystem.<\/p>\n

\n

\u201cKammelna strikes the perfect balance between a loyal user base, high retention, innovative monetization, and cultural value,\u201d said Abdulaziz Al-Omran<\/strong>, founder and CEO of Impact46. \u201cThis milestone reinforces our confidence in the potential of the Saudi gaming industry and its alignment with Vision 2030\u2019s ambition<\/strong> to create global leaders in the sector.\u201d<\/p>\n<\/blockquote>\n

Commenting on the investment, Badr Al-Zamel, co-founder and CEO of Kammelna<\/strong>, said:<\/p>\n

\n

\u201cOur cultural games deserve world-class digital experiences. This investment empowers us to expand further and develop new titles that reflect the spirit of our culture, bringing it to players everywhere.\u201d<\/p>\n<\/blockquote>\n

Impact46, which manages more than SAR 2.3 billion in assets<\/strong>, including a dedicated gaming fund<\/strong>, has a strong track record of backing leading Saudi startups<\/a>, including Rasan<\/strong> and Jahez<\/strong>, both of which successfully listed on the Tadawul<\/strong>.<\/p>\n

This landmark transaction positions Kammelna as a driving force in the Kingdom\u2019s rapidly expanding gaming and entertainment industry, further solidifying Saudi Arabia\u2019s role as a global hub for gaming under Vision 2030<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Riyadh, August 23, 2025 — Saudi venture capital firm Impact46 has announced its largest investment to date, committing more than SAR 200 million ($53 million) to Kammelna Studio, the Dammam-based developer behind the Kingdom’s most popular culturally rooted games, including Baloot and Jackaroo. Kammelna has emerged as a market leader in culturally inspired Saudi games, […]<\/p>\n","protected":false},"author":1,"featured_media":3945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[254],"tags":[],"class_list":["post","format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3942"}],"version-history":[{"count":2,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3942\/revisions"}],"predecessor-version":[{"id":3944,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3942\/revisions\/3944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/media\/3945"}],"wp:attachment":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}