Karma Signs 3 Big Deals in 3 Months
Karma Gaming, the Halifax startup that is developing video games for regulated lotteries, has signed three major customers this year.
So next year, its products will be available on three different continents.
Jay Aird, the company’s chief innovation officer, said the firm probably won’t receive substantial revenues from the deals until 2014, so it is now in the late stage of raising a follow-on round of venture capital funding that is seeking $4 million.
Karma has devised a solution for a problem that afflicts regulated lottery companies around the world: their clientele is aging and