Impact46 Buys Saudi Gaming Studio Kammelna in $53M Deal
Saudi venture capital firm Impact46 has acquired Dammam-based gaming studio Kammelna in a landmark deal worth over 200M SAR ($53M), the largest investment in Impact46’s history. By the Numbers $53M+: Value of the acquisition 6M+ downloads across Kammelna titles 1M+ monthly active users 150K+ tournament participants 40 employees, making it the largest independent gaming employer in Saudi Arabia Why It Matters Kammelna is best known for bringing the traditional card game Baloot into the digital age, alongside hit title Jackaroo. With over a million Saudis playing every month, the studio has built both cultural and commercial weight in the Kingdom. For Impact46, the acquisition is part of a bigger gaming push. Earlier this year, the firm invested in 7 gaming companies across Saudi Arabia and the US. With more than 2.3B SAR AUM, Impact46 has backed success stories like Jahez, […]