UMX Studio secures $4.5m all-cash funding
The agency says funding “comes within the context of the exponential progress of gaming within the MENA area”
UMX Studio has secured a $4.5m all-cash funding.
The Saudi Arabian studio says it’d per probability most likely most likely per probability per probability make use of the funds from funding agency Jetapult to “help the growth of [its] current portfolio, broaden audiences throughout international markets, and construct video games in new genres.”
The agency says the funding “comes within the context of the exponential progress of the gaming and e-sports sector within the MENA area, and with the Saudi Nationwide Gaming and Esports entity aiming to make the nation a worldwide gaming hub by 2030.”
“This significant funding from Jetapult now not handiest marks a milestone for UMX Studio but in addition heralds a brand new expertise for the Saudi Arabian gaming trade. We’re happy to affiliate with a globally recognised chief within the gaming investments sp