Velo Partners increases their investment in Foxium

Velo Partners, a principal investment firm specializing in investments, publicised their experience with Foxium, a provider of creative online and mobile casino games. After October 2017, having invested in Foxium, invest further demonstrates its increased commitment to the provider of creative online and mobile casino games.

The increase of actual investment supports the total service of game development studio as it further builds its portfolio of games.

Foxium, headquartered in Estonia along with offices in Sweden, is famous for produce premium feature-rich slots games, and produced a number of quality online titles such as the popular Adelia The Fortune Wielder, Vampire: The Masquerade™ – Las Vegas, The Lost Riches of Amazon and the highly anticipated soon to be released Astro Legends: Lyra and Erion.

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

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

Evan Hoff, Director of Velo Partners, said, “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.”

And finally, RNG Foundry Program Director Mark McGinley, said, “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.”