Exel by Merak Overview

  • Investor Type
  • Accelerator/​Incubator

  • Status
  • Active

  • Professionals
  • 1

Professionals

  • Investments
  • 31

  • Portfolio
  • 30

  • Exits
  • 1

Exits

Exel by Merak General Information

Company Description

Exel by Merak is an accelerator headquartered in Riyadh, Saudi Arabia. The firm seeks to invest in early-stage gaming startups.

Business Details

Investor Status
Actively Seeking New Investments
Primary Investor Type
Accelerator/Incubator
Corporate Office
  • Riyadh
  • Saudi Arabia

Exel by Merak Investments (31)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Cakebyte 13-Feb-2026 Accelerator/Incubator Entertainment Software Generating Revenue
Dynamic Box Studio 13-Feb-2026 Entertainment Software Generating Revenue
Innovavera 13-Feb-2026 Entertainment Software Out of Business
Inventix Games 13-Feb-2026 Entertainment Software Generating Revenue
Kiddo Education 13-Feb-2026 Entertainment Software Generating Revenue
Luma Play 13-Feb-2026 Entertainment Software Generating Revenue
Nimble Fox 13-Feb-2026 Multimedia and Design Software Generating Revenue
PackDev Games 13-Feb-2026 Entertainment Software Generating Revenue
Sandouq Studios 13-Feb-2026 Accelerator/Incubator Entertainment Software Startup
Blame the Game Studios 10-Feb-2026 Accelerator/Incubator Entertainment Software Stealth
You’re viewing 10 of 31 investments. Get the full list »

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Exel by Merak Exits (1)

Company Name Exit Date Exit Type Exit Size
Innovavera 20-Aug-2026
To view Exel by Merak’s complete exits history, request access »

Exel by Merak Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Request a free trial

Exel by Merak Co-Investors (1)

Name With Exits Lead Partner Series Industry
Merak Capital Series chart Industry bar
To view Exel by Merak’s complete co-investors history, request access »

Exel by Merak FAQs

  • What is Exel by Merak?

    Exel by Merak is an accelerator headquartered in Riyadh, Saudi Arabia.

  • Where is Exel by Merak headquartered?

    Exel by Merak is headquartered in Riyadh, Saudi Arabia.

  • How many investments has Exel by Merak made?

    Exel by Merak has made 31 investments.

  • What has Exel by Merak invested in?

    Exel by Merak has made numerous investments in companies like Cakebyte, Dynamic Box Studio, and Innovavera within the Entertainment Software industry.

  • What has Exel by Merak invested in recently?

    Exel by Merak's latest investment was on 13-Feb-2026 in Cakebyte, a company within the Entertainment Software industry.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process