Mersal Media Capital Closes USD 1.3M First Funding Round

Mersal Media Capital Closes USD 1.3M First Funding Round

05 February 2026•

Two men in traditional Saudi attire stand side by side, each wearing a name badge against a green backdrop.

Mersal Media Capital (MMC) has announced the closure of a first round of 5 million riyals (about $1.33 million), led by a private investment fund, and the launch of its operations as a media investment company in the Middle East.

The investment round aims to support the company’s future plans, enhance its operational readiness, and build strategic partnerships in the field of capitalization of media assets.

Founded by Anas Al Hamid and Abdul Wahid Al Hamid, the company focuses on developing investment opportunities in the digital media sector, with an interest in growthable and scalable assets, and the adoption of special operating models.

The announcement came within the framework of the participation of Messer Media Capital in the Saudi Media Forum 2026.

Source: Jawlah

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Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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