Avanti Studios Raises EUR 10M Ahead of Live Casino Launch
Nathan Williams 
Key Takeaways:
- Avanti Studios secured EUR 10 million in seed funding.
- The company is preparing to launch its debut live casino games.
- Its technology uses AI, motion capture, and 3D rendering.
Avanti Studios has successfully closed an EUR 5 million investment round, bringing its total seed funding to EUR 10 million. This capital injection precedes the launch of the company's debut live casino games, which are expected to arrive later this month. The significant investor interest suggests a strong demand for innovative approaches within the live casino entertainment sector.
Novel Approach to Live Casino Entertainment
Avanti Studios is developing a unique model for live casino production that deviates from traditional studio setups. This system integrates motion capture of real dealers with artificial intelligence and 3D rendering to create digital croupiers capable of hosting games in real time. This technological approach aims to eliminate many physical constraints associated with mainstream live casino productions, such as limitations in studio space, staffing, and the number of available tables. Operators will be able to launch multiple custom tables simultaneously and offer games in various languages without delays, enhancing efficiency and altering the pace and feel of live dealer casino games. Genting Casinos UK, a familiar name in the gambling industry, has strengthened its position as a key investor by returning for further funding after supporting Avanti's initial round. Co-founder Gustaf Hagman stated, "I’m incredibly proud of the investor group we’ve assembled. Their backing demonstrates not just a belief in our company, but a belief in the future."
Strategic Partnerships and Market Entry
This new funding round comes just before the company's product launch, marking an important milestone following extensive development and testing. Avanti Studios has already secured its first commercial agreement in the Spain live casino market with operator Luckia.es. Furthermore, the company's games will be accessible in multiple regulated markets through a partnership with Light & Wonder.
Co-founders Gustaf Hagman and Jonas Delin view this funding as foundational for establishing a distinct type of live casino supplier, anticipating a growing trend toward real-time digital characters and evolving player expectations for flexible and interactive experiences. Jonas Delin commented, "We strongly believe that the future belongs to real-time, lifelike, interactive digital humans." While the extent of player engagement with this new product type remains to be seen, investors appear confident in allowing the company to demonstrate the merits of its innovative approach, expanding its presence across regulated live casino markets.
