Stockholm-listed casino games provider Hacksaw Gaming has launched a new investment and acceleration arm dedicated to supporting early-stage companies.
Hacksaw Ventures is a new initiative that aims to empower the next generation of gaming innovators by providing both capital and strategic support.
It will focus on investing in early-stage companies across various sectors, including game studios, technology platforms, data tooling, and next-gen entertainment concepts.
Hacksaw said that the initiative aims to foster the growth of creative teams eager to leverage Hacksaw’s extensive global footprint.
“With Hacksaw Ventures, we’re ready to back visionary founders who want to disrupt the gaming landscape,” said Hacksaw Gaming operational CEO Marcus Cordes. “We understand the challenges you face and know the steps needed to reach your goals.
“When we back you, we plug you directly into an ecosystem built for scale, leveraging our position as one of the world’s fastest-growing content providers and our extensive distribution network spanning top-tier operators in regulated markets.”
Among the benefits of Hacksaw Ventures will be access to Hacksaw Gaming’s distribution network, expertise in product development, compliance and marketing strategies.
Shares in Hacksaw AB (STO:HACK) closed 0.28 per cent higher at SEK56.56 per share in Stockholm Wednesday.