Winking Studio secures $10 million in funding amid its dual listing on the London Stock Exchange

Winking Studios, an outsourcing and development company, has secured £7.9 million ($10.1 million) through its listing on the AIM Market at the London Stock Exchange.

This is in addition to "over $30 million in presently accessible funds aimed at facilitating mergers, acquisitions, and geographic growth into European and North American territories."

According to Winking, its existing major shareholder, the Acer Group, backed the Placing.

The firm collaborates with 22 out of the 25 leading game developers worldwide, such as Activision, EA, and Ubisoft. These partnerships involve popular franchises like Call of Duty, FIFA, and Assassin’s Creed.

Johnny Jan, the founder and CEO of Winking, expressed, "We view a substantial opportunity for Winking Studios to expand internationally, and our dual listing on AIM will propel our global goals and accelerate our growth trajectory."

Jan further noted that "London represents an ideal choice, providing us entry into a market renowned for its profound grasp of the global gaming sector and its backing for burgeoning international companies akin to Winking Studios."

He concluded by stating that "the rapidly expanding industry, coupled with our strong record and associations with a majority of the top game developers globally, sets the stage for us to capitalize on the fragmented industry framework to drive forward our future growth."