Impact46 has made a landmark investment of over SAR 200 million in Baloot, signaling strong confidence in the burgeoning gaming sector in Saudi Arabia.
Information on the Target
Impact46 has announced a significant investment of over SAR 200 million (approximately $53 million) in Baloot, a developer known for its popular gaming applications. This marks the largest investment made by Impact46 to date, reflecting their confidence in Baloot's potential for growth and innovation in the gaming sector.
Baloot is a prominent player within the gaming industry in Saudi Arabia, recognized for its engaging and culturally relevant gaming experiences. The company's focus on developing games that resonate with local users has contributed to its strong market position.
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Industry Overview in Saudi Arabia
The gaming industry in Saudi Arabia has witnessed rapid growth, characterized by an increasing number of gamers and a surge in internet accessibility. According to re
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Impact46
invested in
Baloot Developer
in 2025
in a Other VC deal
Disclosed details
Transaction Size: $53M