Posh Monkey Studios Secures Investment from Velo & Deal with Games Global

Posh Monkey Studios, an ambitious developer of iGaming products, has secured a strategic investment from Velo Partners. The extra funding will help the studio accelerate its growth on a global scale. At the same time, the studio inked a deal with Games Global.

The Exact Sum Was Not Disclosed

Although the announcement didn’t specify the exact sum received by Posh Monkey, it clarified that the investment was made via the RNG Foundry accelerator. RNG Foundry, which was created in association with Velo Partners, has so far supported over 19 studios. With robust mechanisms for financing and a cutting-edge tech stack, the accelerator has been designed to provide B2B iGaming startups with the help they need to penetrate the market.

This aligns with Velo Partner’s own ethos to support early-stage gambling companies and help them navigate the complex industry. The company has played a key role in the success of many popular companies, such as Bede Gaming, Evolution, and Kwiff.

Posh Monkey will seek to recreate these brands’ success by making the most out of the investment and pursuing an international expansion. The studio will also leverage the experience of its founders, who have previously served the likes of Play’n GO.

In addition to receiving investment via RNG Foundry, Posh Monkey Studios also penned an exclusive game development and distribution deal with B2B powerhouse Games Global. This will further accelerate Posh Monkey’s growth as it will allow it to tap into Games Global’s existing framework and partnerships with hundreds of operators.

The Founders Are Bullish on Success

Connor Blinman, one of Posh Monkey’s two founders, was particularly excited about the investment, since RNG Foundry will also impart significant knowledge to the company, facilitating its future projects.

Co-founder Deepak Bhinder, on the other hand, commented on the deal with Games Global, which will allow his studio’s games to quickly reach a wide audience. He explained that his team seeks to create games that combine reliable mathematical models with immersive themes and design.

With the help of Games Global, Velo Investments, and RNG Foundry, Posh Monkey hopes to overcome the difficulties associated with penetrating the industry and disrupt the market with unparalleled gaming experiences.