Avanti Studios Raises EUR 10M Ahead of Live Casino Launch

Gamblingnews
Avanti Studios secures EUR 10M in funding to launch its innovative AI-driven live casino games.

Summary

Avanti Studios has successfully raised EUR 10 million in total seed funding, including a recent EUR 5 million round, as it prepares to launch its debut live casino games. The company has attracted investment from key industry players like Genting Casinos UK, which has returned for further funding. Avanti distinguishes itself with a novel approach that combines motion capture, artificial intelligence, and 3D rendering to create digital croupiers. This technology aims to overcome physical limitations of traditional live studios, allowing for greater flexibility, efficiency, and a smoother player experience. The company plans to launch its first games later this month and has secured partnerships with Luckia.es in Spain and Light & Wonder for broader market availability. Co-founders Gustaf Hagman and Jonas Delin view this investment as a foundation for a new kind of live casino supplier, betting on the growing trend of real-time, interactive digital humans.

(Source:Gamblingnews)

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