Firebyte Games could therefore become the first video games company on the local stock market, ZF has found. The company seeks to raise EUR1 million from investors and use the money for two lines of business mainly.
“About EUR500,000 of the money raised will go towards development of hypercasual games – EUR150,000 towards technology and EUR350,000 towards the human resource component (hiring, training). The casual game line will get EUR500,000 invested in development and publishing, and the goal is to develop five products in 2021,” says Ovidiu Stegaru, Firebyte Games chief executive officer.
(English version by Loredana Fratila-Cristescu)