Avanti Studios finalizes €10m seed round with €5m second tranche

(AsiaGameHub) –   Avanti Studios announced the conclusion of its seed funding round, having secured an additional €5 million in a second tranche, which brought the total seed funding to €10 million. The company confirmed the second funding stage was completed on May 19.

According to Avanti Studios, the most recent tranche was oversubscribed, despite the investment opportunity being made available to investors “only recently.” The firm chose not to reveal the number of investors involved or the company’s valuation.

Genting Casinos UK, a participant in the initial funding round, also contributed to the second tranche, as stated by Avanti Studios.

The company indicated its intention to roll out its live casino content in the upcoming weeks, with a full deployment scheduled for June 2026. It also noted interest from operators in Spain and other markets.

Gustaf Hagman, Co-Founder at Avanti Studios, commented: “I am immensely proud of the investor group we have brought together. Their support signifies not only confidence in our company but also in the future. I extend a special thank you to the board of Genting Casinos UK for their ongoing support, guidance, and their overall contribution to our progress thus far.”

Jonas Delin, Co-Founder at Avanti Studios, stated: “Avanti is delighted to have completed its second phase of funding, marking one of the largest investment rounds for an industry start-up this year. We firmly believe that the future lies with real-time, lifelike, interactive digital humans, and the fact that so many investors share this vision with us suggests one thing… this is merely the start!”