BodyBug reaches the market
Publicerad: 2010-10-06
Movinto Fun AB issues new shares for 3.25 million kronor, which takes the company's product BodyBug ® to the market in spring 2011. Investors are existing owners, including STING Capital AB, and the new owner SamInvest My AB together with business angels.
"This
investment takes BodyBug to an industrialized product for test marketing in
spring 2011. It's a breakthrough for our game console that now reaches a new level
and get to meet the market," said Jin Moen, president and founder of
Movinto Fun and innovator behind the unique patented BodyBug - a dancing game
console.
In connection with the issuance moving company headquartered in Åre
Municipality, Jämtland. There will also be a development and marketing platform
to be established in cooperation with Peak Innovation, and this fall it will be
current with recruitment.
"To me that is together in exile feels the move to Åre particularly
exciting. We see great opportunities in the dynamic Åre offers. BodyBug's
lifestyle product, designed console that encourage movement and health and it's
characteristics that also carried by Åre "says Marie Persson Björkman,
Executive Chairman and Founder of Movinto Fun.
Movinto Fun AB develops and commercializes
innovative interactive entertainment products driving the world. The company
was founded in 2007 by Ph.D. Jin Moen and M. Sc. Marie Persson Björkman.
www.movintofun.com
BodyBug ® is a mobile motion-based
gaming console and related games and online services directed to the target
group of young girls in a global market. The product is a spinnoff from
research in dance and interaction design at the Interactive Institute and KTH.
BodyBug is Movinto Fun's first product reaches the market. www.bodybug.se, www.facebook.com/bodybug, www.youtube.com/thebodybug
Peak Innovation stimulates research and business development in the areas of
tourism, sports and outdoor activities. Peak Innovation has operations in Åre
and Östersund, and is part of VINNOVA's program VINNVÄXT in which twelve
leading growth areas funded for ten years. www.peakinnovation.se
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