Avanti Studios Secures EUR 10 Million in Funding Ahead of Live Casino Debut
Avanti Studios has successfully raised a total of EUR 10 million in seed funding, including a recent EUR 5 million investment round, as it prepares to launch its first live casino games. This substantial financial backing reflects considerable investor confidence in fresh innovations within the live casino sector.
Innovative Approach to Live Casino Gaming
The company’s backers include well-known figures in the gambling world, notably Genting Casinos UK, which has continued to invest in Avanti following its initial support. This ongoing commitment from an established land-based casino operator provides Avanti with valuable industry expertise and reinforces its credibility as it approaches its product launch.
Avanti distinguishes itself by employing a unique technology platform that merges motion capture of live dealers with artificial intelligence and 3D graphics to produce digital dealers capable of hosting games in real time. This technique overcomes many constraints associated with traditional live casinos, such as limited studio space and staffing, by allowing multiple virtual tables to operate simultaneously.
This system also supports multilingual gaming without delay, enhancing operational efficiency and transforming the live casino atmosphere. Avanti aims to offer a seamless gaming experience that reduces human errors, accelerates gameplay, and maintains the authentic feel of human interaction.
Strategic Partnerships Propel Upcoming Launch
The recent funding round arrives just before Avanti’s first games go live later this month, marking a significant milestone after extensive development and testing phases. The firm has already secured its inaugural commercial agreement with a Spanish operator, Luckia.es, and plans to distribute its games across multiple regulated markets through a collaboration with Light & Wonder.
Co-founders Gustaf Hagman and Jonas Delin emphasize that this funding is not just about immediate growth but about establishing a new paradigm in live casino provision. They recognize the increasing importance of real-time digital characters as part of evolving player demands for more dynamic and interactive gaming experiences.
Hagman expresses pride in their diverse group of investors, highlighting their shared vision for the future of digital gaming. Delin underlines their belief that the future lies with interactive, lifelike digital human representations, reflecting a significant shift in how players engage with live casino content.
While it remains to be seen how players will respond to these novel offerings, investor support indicates a willingness to back Avanti as it seeks to demonstrate the value of its innovative approach. With strong financial resources and key partnerships in place, the company is well-positioned to establish a distinctive presence in a market currently dominated by numerous established live casino providers.
