• Saudi Arabia-based media-focused investment platform Mersal Media Capital (MMS) has raised $1.3 million (SAR 5 million) in its first funding round, led by an unnamed private investment fund.
• Founded by Abdulwahid Alhumaid and Anas Al Humaid, the company is positioning itself as a media-focused investment platform, targeting scalable and growth-ready digital media assets.
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• The new funding will be used to support growth, strengthen operational readiness, and build strategic partnerships in media asset development.
• Press release:

Mersal Media Capital (MMC), a homegrown media investment company, has closed its first funding round worth SAR 5 million (approximately $1.33 million), led by an unnamed private investment fund, according to Jawlah.

The capital will be used to support the company’s growth plans, strengthen its operational capabilities, and build strategic partnerships focused on media asset development and monetisation.

Founded by Abdulwahid Alhumaid and Anas Al Humaid, Mersal Media Capital focuses on investing in digital media assets with clear scalability and growth potential. The company adopts specialised operating models aimed at unlocking value from media platforms and content-driven businesses across the region.

The announcement was made on the sidelines of the Saudi Media Forum 2026, marking MMC’s formal entry into the regional media investment landscape.