Velo To Invest In Foxium Development Studio

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Game development studio, Foxium, has received a significant investment from one of the UK’s largest gaming financiers, Velo Partners, which aims to give Foxium full access to RNG Foundry – innovative gaming accelerator for distributing dynamic casino content and products.

With offices in the Baltics and Scandinavia, Foxium has reached its full potential in terms of game development, whose success is based on a decade of gambling experience. The software provider has developed a small number of online slots, whereas titles like Lucky Bakery, The Lost Riches of Amazon and The Odd Forest represent its most lovable achievements. Both rich in interesting stories and incredible graphics, these games might well compete with some of the industry’s most popular titles from leading operators such as Net Ent, Yggdrasil or Microgaming!

By gaining access to RNG Foundry, the development studio’s team will buy a chance to work on a supreme gaming accelerator, at least when it comes to developing various casino games using the latest technologies. It launched in partnership with Velo Partners – the UK’s most prosperous gaming investor and entrepreneur. The organization is joining with talented pioneers of the gaming industry, in order to promote and provide a blend of technical advancements, distribution possibilities and top-level service.

The gaming studio is delighted with the new agreement, as several investors have already tried to strike a deal, but not in the right direction for slot developer. Thanks to a high level of professionalism, experience and expertise, Velo Partners have gained enough trust of their new client by sharing similar values, business culture and a clean vision. By working with one of the most successful companies in the industry, a small development company such as this one will strengthen its key areas, particularly speed and distribution.

To create all the necessary ingredients for a successful gaming entrepreneurship, one must continually extend all mandatory distribution channels. Whoever shows ability for a dynamic, open-minded approach that can respond to market needs, will dominate the industry – says Ashley Sandyford-Sykes, Programme Director at RNG Foundry.

Source:

“Foxium and Velo Partners inks investment deal", foxium.com, October 4, 2017.