Posh Monkey Studios Gains Strategic Investment and Partners with Games Global
Posh Monkey Studios Secures Strategic Funding
Posh Monkey Studios, a dynamic developer within the iGaming sector, recently obtained a strategic investment from Velo Partners. This new capital infusion is expected to support the studio’s ambitions to expand its presence internationally. Alongside this financial boost, Posh Monkey Studios also formalized a partnership with Games Global, a major player in the B2B gaming market.
Investment Details and Support Framework
The exact value of the investment was not publicly disclosed. However, it was revealed that the funding was channeled through the RNG Foundry accelerator, a program established in collaboration with Velo Partners. RNG Foundry has a track record of supporting over 19 gaming studios by providing robust financial resources and an advanced technological infrastructure designed specifically to assist startups in the B2B iGaming space to enter and succeed in the market.
Velo Partners is committed to nurturing early-stage companies within the gambling industry, helping them navigate its complexities. Their influence has been instrumental in the growth of well-known companies such as Bede Gaming, Evolution, and Kwiff.
With this investment, Posh Monkey Studios aims to replicate the achievements of these established brands by leveraging the financial backing and the extensive industry experience of its founders, who previously worked with Play’n GO.
Collaboration with Games Global
In addition to funding, Posh Monkey Studios has entered an exclusive agreement with Games Global for game development and distribution. This alliance will facilitate rapid growth by granting Posh Monkey access to Games Global’s established network and partnerships with a vast array of operators, effectively broadening the reach of its gaming products.
Leadership Optimistic About Future Growth
Connor Blinman, one of the founding members of Posh Monkey Studios, expressed enthusiasm about the strategic investment, highlighting the valuable knowledge and support the RNG Foundry accelerator will provide to the company, which is crucial for advancing their projects.
Co-founder Deepak Bhinder also shared his excitement regarding the collaboration with Games Global, emphasizing the opportunity this presents to bring their games swiftly to a wide audience. He described the studio’s commitment to developing games that are built on solid mathematical foundations while delivering immersive themes and designs.
By joining forces with Games Global, Velo Partners, and RNG Foundry, Posh Monkey Studios is positioning itself to navigate the challenges of entering the competitive iGaming market and aims to introduce innovative gaming experiences that disrupt current offerings.