A consortium of private and strategic investors, including the High-Tech Gründerfonds [a German venture capital company investing in high-tech companies at seed stage] and the VC Fonds Kreativwirtschaft Berlin [VC Fund Creative Industries Berlin], are investing around two million euros in the newly founded Neonga. The management of Neonga consists of the three games industry veterans Rolf Klöppel (CEO), Benjamin Kaiser (CTO) and Stefan Hinz (CMO), who previously had leading positions in Gamigo, Frogster and Ascaron.

Rolf Klöppel, CEO of Neonga AG, says, "With the proceeds of this round of financing we will be able to develop the infrastructure, staff, range of titles and marketing power to play a significant role in the booming online gaming market."

"Neonga is a major addition to our portfolio of investments in the games industry," comments Holger Heinen, Senior Investment Manager of High Tech Gründerfonds. "With their very experienced team and their convincing strategy, we see excellent prospects of valuable synergies within our portfolio." Mischa Wetzel, Investment Manager in IBB Beteiligungsgesellschaft, Berlin, adds, "We are delighted to be able to support this very promising company with its unique setup in Berlin, through our financial investment and our contact network."

Neonga AG just recently moved into its offices in Berlin Mitte [Berlin's central district] and will be announcing its first game in the coming weeks.