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Lobah Secures $12M from Social Development Bank to Boost Saudi Gaming Industry

BridgeMena·
Lobah Secures $12M from Social Development Bank to Boost Saudi Gaming Industry

Saudi gaming studio Lobah has secured $12 million in funding from the Social Development Bank (SDB) as part of SDB’s initiative to support the gaming and esports sector, aligning with Saudi Arabia’s National Gaming and Esports Strategy.

In January, the studio launched Lobah Play, a platform designed to help game developers with publishing, networking, and monetization, further strengthening the gaming ecosystem in the Kingdom.

This funding reinforces Lobah’s commitment to empowering local developers and positioning Saudi Arabia as a global hub for gaming and esports innovation.

EsportsfundingGaminginvestmentLobahLobahPlayNationalGamingStrategySaudiArabiaSDBStartup

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