4 months ago
Lobah Secures $12M Investment from SDB to Boost Gaming Platform
Saudi gaming studio Lobah raised $12 million from the Social Development Bank (SDB) to support its gaming platform, Lobah Play, and game development
Lobah combines two companies with extensive experience in mobile social gaming
The funding is part of SDB's broader initiative to support Saudi Arabia's gaming and esports sector.
ProblemTechnology
"Game developers in the Middle East struggle to publish, network, and monetize their games effectively, leading to missed opportunities and financial challenges."
Solution
"Lobah Play, a platform designed to help game developers publish, network, and monetize their games, providing a centralized solution to overcome these obstacles and foster growth within the gaming industry."