Evolite Studio is a Jeddah-based game studio founded in 2016 that develops narrative and action titles. The studio has released two games to date, including mobile title Lost Path, which has surpassed 100,000 downloads since April. It has raised 1.1 million riyals (approximately $300,000) through an investment from Exel by Merak. The funding will be used to accelerate development of its upcoming game, Noor. Noor is a top-down action title rooted in Arabian mythology and is planned to launch in 2026 on PC, Steam Deck, Xbox, and PlayStation. The company says it intends to continue creating innovative experiences for players worldwide.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025