General Info
Exel is an innovation engine that fuels the growth of gaming entrepreneurs and organizations through specialized accelerator programs.
Location: Riyadh
Country:
Industries:
Investment Regions: MENA
Investment Stages: seed, series-a
Website: https://www.exelbymerak.com/
MENA
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🤖 AI Activity Report
Status: very-active
AI Reasoning: I found multiple sources reporting Exel by Merak invested in 17 gaming startups at its first Demo Day, with articles dated August 2025 (e.g., PocketGamer Aug 20, 2025). The invested startups include those noted in coverage of the cohort (e.g., Evolite Studio). The most recent documented investments occurred in August 2025, which is less than three months prior to the reference date; this places the investor in the highest activity category.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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