Velo Partners has exercised its option to increase its investment in Estonian and Swedish games development studio Foxium, throughout the RNG Foundry, to facilitate further growth only seven months from its first investment.
Its newest supply ‘Legends: Lyra and Erion’ is anticipated to be released in the not too distant future.
“I’m happy with this deal,” stated Åke André, CEO at Foxium. “It strengthens Velo Partners devotion to the business and their belief in the team. Together we see great potential within our studio. ”
Evan Hoff, Director of Velo Partners: “Foxium is precisely the sort of team we’re excited about, creating premium and market-relevant content and we look forward to supporting them in their growth”.
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