Investments
1Partners & Customers
2Latest Savvy Games Group News
Oct 16, 2023
Savvy Games Group announces new leadership team member: Majed Al-Muhanna as Chief Human Resources Officer Press Release PHOTO Majed will drive Savvy’s human resources strategy and support the development of talent pipelines and specialist jobs in the Kingdom of Saudi Arabia RIYADH – Savvy Games Group (“Savvy”), the games and esports company founded to drive the long-term growth and development of the games and esports industry worldwide, announced today the appointment of Majed Al-Muhanna as Chief Human Resources Officer. In his new role, Majed will lead the development and implementation of Savvy’s human resources strategy, including overseeing talent development and attraction of both local and international games specialists. As a member of Savvy’s leadership team, he will also drive progress towards Savvy’s strategic objectives, and contribute to Savvy’s work in support of Saudi Arabia’s National Gaming and Esports Strategy. Majed brings wide-ranging experience of human resources leadership roles at major financial and consumer-facing organisations across the investment banking, retail, and manufacturing sectors. He was previously Chief Human Capital Officer of SNB Capital, where he was a member of the organisation’s leadership team and drove its human capital strategy. In addition to his role at Savvy, Majed currently serves as Chair of the Human Resources Committee of the Capital Market Institutions Committee, which supports the development of the capital market sector in Saudi Arabia. He will report to Savvy’s CEO, Brian Ward. Commenting on the appointment, Brian Ward, CEO of Savvy, said, “We are excited to welcome Majed Al-Muhanna to Savvy’s executive leadership team as Chief Human Resources Officer. Majed’s expertise in nurturing talent pipelines and implementing wider organisational human resources strategies will enable Savvy’s continued growth and the success of our team. Majed joins Savvy at an exciting time for our business and the wider gaming and esports industry – we are delighted to have in on board.” About Savvy Games Group (“Savvy”) Savvy Games Group (“Savvy”) is a games and esports company founded to drive the long-term growth and development of esports and the wider games industry worldwide. Savvy was set up and is 100% owned by PIF. As a global champion of this buoyant sector, Savvy is becoming a global leader in games and esports through deploying significant capital over long-term horizons. Savvy Games Group website – www.savvygames.com Media Enquiries © Press Release 2023 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
Savvy Games Group Investments
1 Investments
Savvy Games Group has made 1 investments. Their latest investment was in VSPO as part of their Series C on February 2, 2023.

Savvy Games Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/16/2023 | Series C | VSPO | $265M | Yes | 2 |
Date | 2/16/2023 |
---|---|
Round | Series C |
Company | VSPO |
Amount | $265M |
New? | Yes |
Co-Investors | |
Sources | 2 |
Savvy Games Group Acquisitions
1 Acquisition
Savvy Games Group acquired 1 company. Their latest acquisition was Scopely on April 05, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/5/2023 | Series E+ | $998.5M | Acquired | 23 |
Date | 4/5/2023 |
---|---|
Investment Stage | Series E+ |
Companies | |
Valuation | |
Total Funding | $998.5M |
Note | Acquired |
Sources | 23 |
Savvy Games Group Partners & Customers
2 Partners and customers
Savvy Games Group has 2 strategic partners and customers. Savvy Games Group recently partnered with Al Hilal Saudi Club on June 6, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/11/2023 | Partner | Saudi Arabia | Savvy Games Group announces key partnership with Al Hilal Saudi Club Mr Abdullah Aljarbou , CEO of Al Hilal Saudi Club , expressed his happiness at signing the partnership between Al Hilal Saudi Club and Savvy Games Group , which is considered a global leader in a promising sector that is a key element in the ambitious strategy of the Kingdom to transform Saudi Arabia into a global hub for games and esports by 2030 . | 2 | |
5/11/2023 | Partner |
Date | 6/11/2023 | 5/11/2023 |
---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | Saudi Arabia | |
News Snippet | Savvy Games Group announces key partnership with Al Hilal Saudi Club Mr Abdullah Aljarbou , CEO of Al Hilal Saudi Club , expressed his happiness at signing the partnership between Al Hilal Saudi Club and Savvy Games Group , which is considered a global leader in a promising sector that is a key element in the ambitious strategy of the Kingdom to transform Saudi Arabia into a global hub for games and esports by 2030 . | |
Sources | 2 |
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