May 14 / 2018
Latest News / Casino & Gambling

Velo Partners boosts its investment in games provider: Foxium

Principle investment company invests further in Foxium

A key firm specializing in investments, Velo Partners, publicised their experience with Foxium, a provider of creative online and mobile casino games. The firm first invested during October 2017 – investing further manifests its increased commitment to the provider of creative online and mobile casino games.

Chief Executive Officer of Foxium, Åke André, explained that he is pleased with the agreement and that it reinforces the commitment shown by Velo Partners to its business and belief in its team. “Together we see great potential in our studio,” said André.

The increase of investment supports the total service of game development studio as it continues to build its extensive array of games.

Evan Hoff, Director of Velo Partners, commented: “Foxium is exactly the type of team we are excited about, producing premium and market-relevant content and we look forward to supporting them in their growth.”

Foxium is headquartered in Estonia, and also retains offices in Sweden. It is renown for producing premium feature-rich slots, and holds a number of quality online titles, including: Adelia The Fortune Wielder, Vampire: The Masquerade™ – Las Vegas, The Lost Riches of Amazon, as well as the highly anticipated Astro Legends: Lyra and Erion.

RNG Foundry Program Director, Mark McGinley, added: “Our objective is to source and invest in highly ambitious, talented and creative game studios. Foxium embodies all those key principles. Foxium is a flagship RNG studio and one we hold in very high regard. We foresee a very bright future for Foxium and look forward to watching them grow.”

The gaming accelerator, RNG Foundry, launched in association with Velo Partners. The service aims to foster entrepreneurial talent in the gaming industry through supplying a multitude of technical resources, equity investment capital and distribution opportunities.

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