SRMG Ventures
SRMG Ventures is the corporate venture arm of Saudi Research and Marketing Group, headquartered in Riyadh, Saudi Arabia. The firm focuses on investing in the future of media, targeting companies that operate within various sectors including media creators, digital media, media enablers and tools, as well as immersive and interactive entertainment. By seeking opportunities in these areas, SRMG Ventures aims to support innovation and growth in the media landscape.
Past deals in Riyadh
VUZ
Venture Round in 2023
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
VUZ
Series B in 2022
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
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