The Tallinn-based creative game production studio has inked the investment deal with Velo Partners, the UK’s most active gaming investor. Foxium has offices in Estonia and Sweden and represents a full-service game development studio. Even though they are pretty young of age, being established back in 2015, and that they do not offer so many slots at the time being, their products are rich in story and features, boasting amazing graphics and fitting soundtracks. Velo Partners obviously recognized their talents, thus investing in this young Estonian company.
One of the benefits of the abovementioned investment is the full access to the RNG Foundry’s team and network. RNG Foundry is an “exciting new Gaming Accelerator launched in association with Velo Partners”, which offers an attractive package, including technical resources, office space, distribution opportunities and, of course, investment capital.
A big step forward for Foxium
The officials at Foxium stated that they are excited with the opportunity to cooperate with Velo Partners and RNG Foundry. The Estonian software development company started delivering their games via Odobo, which collapsed soon after, and during 2016 Foxium managed to sign deals with Microgaming and NYX Interactive. The agreement with Velo Partners will be a big step forward for them, because this will help them strengthen their company in some critical areas, including game distribution and speed to market.
As for the RNG Foundry, they regard Foxium as a dynamic and forward-thinking studio that has “all the ingredients” to become one of the leading software development studios in the iGaming industry. RNG Foundry will be there to help them go to the next level and produce state-of-the-art gaming contents that will be distributed to leading casinos through RNG Foundry’s distribution channles.
Currently, Foxium offers only five slots, but all five of them are really special. Gamers can enjoy The Lost Riches of Amazon, Lucky Bakery, The Odd Forest, FruitZ and Big Time Journey at online casinos such as Powbet, SlotsMillion and Paripesa.