Online casino games studio Northern Lights Gaming Sweden AB has announced that it is set to receive a ‘strategic investment’ via the RNG Foundry accelerator service from British gambling venture firm Velo Partners.
The innovator has offices in Stockholm and Manchester and used an official Thursday press release to declare that the patronage for an undisclosed amount will help it to ‘secure a strong content roadmap for the years to come’ as it continues ‘its thinking-outside-the-box gaming development’ of merging the best player experiences with pioneering mechanics.
Northern Lights Gaming Sweden AB explained that this support comes just as it inked an arrangement that is to see it continue distributing a portion of its boutique content on an exclusive basis through the iGaming platform from online casino giant Microgaming. The developer proclaimed that this deal will reinforce ‘an already robust distribution model’ that has led to its desktop and mobile-friendly innovations being delivered to ‘leading online casino sites across Europe’.
Andrew Goodale, Chief Executive Officer for Northern Lights Gaming Sweden AB, used the press release to pronounce that his firm focuses on ‘creating high-end online video slots for the European market’ and that the new deals will help it to continue developing and premiering ‘games and entire gaming platforms’ for players around the world.
Read a statement from Goodale…
“We’re delighted to have Velo Partners and RNG Foundry join forces with us. Apart from the capital allowing us to continue to build our business, they also bring vast gaming expertise and access to a fantastic industry network. Of course, the partnership with the vast Microgaming distribution channels will also have a significant positive effect on our growth.”
For his part, Evan Hoff from Velo Partners asserted that Northern Lights Gaming Sweden AB exemplifies the type of firms with which his service likes to work as it combines British and Scandinavian pedigrees alongside ‘quality, unique game designs and established relationships with tier-one operators.’
Hoff’s statement read…
“We are very enthusiastic about adding Northern Lights Gaming Sweden AB to the RNG Foundry portfolio and bringing its exclusive content to Microgaming.”