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."

      Covered on