Fundraising Fox

Merak Capital

Venture capital

Riyadh · Seed–Late Stage · 20 people tracked

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Investment thesis

Merak Capital stewards capital with discipline and conviction to invest in innovative enterprises that generate enduring value for investors, partners, and the broader economy. The firm combines deep investment expertise with operational experience across multiple sectors, applying disciplined judgment and collaboration to create long-term value while maintaining transparency, integrity, and accountability in governance.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Late Stage
HQ
Riyadh, SA
Instruments
Equity · Debt
AUM
$3B
Tracked investments
40

Team · 20 people

from the firm's website
Abdullah Altamami· Founder and CEO

Founder and CEO of Merak Capital, established in 2020 alongside Othman Alhokail. Previously founded iNet Fund in 2014 and co-founded HyperPay. Has led the firm into a multi-strategy investment institution managing over SAR 3 billion across 10+ funds.

Othman Alhokail· Founder and Managing Partner

Founder and Managing Partner of Merak Capital with 18 years of investment and operations experience. Also founder and director of KCC, a holding group focused on technology contracting and trading for government and semi-government clients in Saudi Arabia.

Abdulrahman Bin Mutrib· Partner and Chairman of the Board
Amr AlJallal· Partner and Board Member
Mohannad Alfayez· Partner and Head of Capital Formation
Abdlaziz Alsaid· Principal, Private Equity
Abdulelah Alshareef· Principal, Venture Capital
Omar Alireza· Principal, Private Credit
Vignesh Shanker· Principal, Real Assets
Abdulrahman Althaydi· Vice President, Capital Formation
Akram Hashem· Director, Communications
Albaraa Bassuny· Director, People and Culture
Ammar Khalid Azhari· Director, Technology
Basel Alfraihi· Independent Board Member
Faisal Sedrani· CEO, Exel by Merak
Hussam Al Ghamdi· Chief of Staff
Rema Alyahya· Vice President, Venture Capital
Sarah Ghazal· Chief Operating Officer
Saud Alarifi· Director, GRC
Siddique Khan· Director, Finance

Investments · 40 tracked

founders shown can be your intro path
Arib
Arsann
Astravalle Studio
Bitoasis
Bynow
Classy Games
Convertedin
Copa Fantasy
Dafluffs Games
Denarii Cash
Doo
Dreaming Door Studios
Dsshield
Eshi
Evolite Studio
Fahy Studios
Fitnot
Hyena Hon
Hyperpay
Hys Games
Jisr
Lawazem
Liva Interactive
Loyyal
Magnitt
Masterworks
Nabt
No Diet
Phys
Qoyod
Rojeh Games
Sheba Joy
Shift
Spoilz
Starvania
Superbullet
Syaaraat
Symmetric Studios
Twenty Ninety Creative
Yalla Plus

Frequently asked questions

What stage does Merak Capital invest at?
Merak Capital invests at the Seed, Series A, Series B, Growth, Late Stage stages.
What sectors does Merak Capital focus on?
Merak Capital focuses on Consumer, Gaming, Sector Agnostic.
Where is Merak Capital located?
Merak Capital is headquartered in Riyadh, SA.

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