Fantasy Factory, last week launched their £150,000 SEIS financing (HRMC approved Seed Enterprise Investment Scheme) through regulated crowdfunding specialist Crowd for Angels. Fantasy Factory Pitch.
Fantasy Factory designs and builds high quality multiline casino video games for lease through Odobo to major operators such as Bet365, Betfair, Coral and others in the internet gaming industry. The games are played on regulated Internet gambling web sites alongside sports betting and traditional table games such as blackjack and roulette.
East Bay Fortune is the first game to be completed by Fantasy Factory and is scheduled for release to operators in the next few weeks. Additional games, Summit Challenge and Temple Quest have been started and are scheduled for completion in the first quarter of 2015.
Fantasy Factory are seeking the funds to increase their game build capacity by employing more specialists and acquiring research and test tools. Fantasy Factory is raising £150,000 in exchange for 10% of its equity with new shareholders sharing in dividend payments, which are planned for the second and third years trading.
Riaan, Fantasy Factory Director, says that this offers an interesting way to get investment exposure to the rapidly expanding Internet gaming market as well as benefiting from attractive tax benefits.
Crowd for Angels is the first directly regulated crowd funding platform for equity and debt funding that caters for both private and public companies, and already lists a number of innovative investment opportunities
In closing, Fantasy Factory is seeking to raise £150,000 under SEIS tax relief in return for 10% Equity via the Crowd for Angels platform.
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For more information, please contact:
Christopher Green, Fantasy Factory on (07880638068) or firstname.lastname@example.org
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Crowd for Angels is the first FCA directly regulated debt and equity platform. For more information on Crowd for Angels, please visit: https://www.crowdforangels.com/
Crowd for Angels (UK) Limited, a limited company registered in England and Wales (No. 03064807), with registered office at 8 Little Trinity Lane, London, United Kingdom, EC4V 2AN. Authorised and regulated by the Financial Conduct Authority (FCA).
This press release was distributed by ResponseSource Press Release Wire on behalf of Crowd for Angels (UK) in the following categories: Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.