In recent days, the team at Huuuge Games — an increasingly prominent name in mobile free-to-play social casino gaming — confirmed a Series A investment of $4 million led by Korea Investment Partners (KIP).
According to a statement to the press, the financing will be used to fund Huuuge’s global expansion and scale the distribution efforts.
The announcement noes that Sang-Ho Park, senior principal at KIP, will join Huuuge’s board of directors.
“Huuuge is disrupting the free-to-play casino gaming market by providing a much more interactive social gaming experience, and we are very pleased to be part of the growth story,” Park said in the statement shared with MGW. “Team Huuuge is one of the most experienced mobile game development teams we have met, and we value their commitment to quality and innovation. What Anton and the team have achieved over the past year is really impressive. Huuuge is a great example of a founder-led, data-driven, next-gen app business we like to invest in.”