UMX raised $4.5M in equity crowdfunding led by Jetapult to expand its gaming portfolio and reach global audiences.
Amount Raised
$4.5 Million
Round Type
Seed
RiyadhGamingVideo GamesInvestors
Description
UMX, a Saudi Arabian game studio, secured $4.5 million from Jetapult, an investment company backed by Accel Partners. This funding will support UMX's expansion efforts and the development of new game genres.
Quick answer
UMX raised $4.5 Million in a Seed round, dated October 14, 2024. Investors: Accel and Jetapult. UMX is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did UMX raise?
- UMX raised $4.5 Million in a Seed round on October 14, 2024.
- Who invested in UMX?
- Accel and Jetapult are named as investors in this round.
- What does UMX do?
- UMX Studio is one of the first homegrown game development studios established in Saudi Arabia, founded in 2014 by Ali Alharbi.
- Where is UMX based and how big is it?
- UMX is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at UMX?
- Fundz holds 1 contact at UMX. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Gaming and Video Games around the same time
Companies in the same sectors as UMX that raised within 45 days of this round, from Fundz verified event records.
- SuperScale raised $1.2M (Seed) on November 19, 2024.
- Funstop Games raised $5M (Series A) on November 13, 2024.
- Radical Forge raised $3.4M (Seed) on November 4, 2024.
- 81Ravens raised $4.5M (Seed) on October 31, 2024.
- Challengermode raised $25M (Funding Round) on October 30, 2024.
- Live Aware Labs raised $4.8M (Seed) on October 15, 2024.
Who to call at UMX, and when
A new round usually means UMX is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day UMX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at UMX, from your own LinkedIn network
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Fundz sees it the moment UMX raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
UMX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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