17-02-2025
4 days ago

Spoilz Secures Investment from Impact46 to Boost Saudi’s Gaming Industry

Strategic Investment to Drive Growth
Saudi mobile gaming company Spoilz secured a strategic investment led by Impact46, with additional backing from key investors. This funding aims to unlock the potential of Saudi Arabia’s mobile gaming industry, promote local talent, and drive economic growth.

Advancing Saudi Vision 2030
Spoilz aligns with Saudi Vision 2030 and the National Gaming and Esports Strategy, aiming to establish Saudi Arabia as a global gaming hub. The industry targets a SAR 50 billion economic contribution by 2030.

A Fast-Growing Saudi Gaming Leader
Founded in 2020 by Musab Almalki, Spoilz has reached 2 million players globally, topped App Store charts in six countries, and gained recognition with its game "Last Letter." The company boasts a team with experience from industry giants like King and Zynga.

Looking Ahead: Innovation, Expansion, and New Partnerships
With this investment, Spoilz plans to launch new games, introduce advanced gaming technology, and foster Saudi talent. The company is committed to expanding its impact through key partnerships and regional growth.