InvestGame team is pleased to present our Global Gaming Deals Activity Report for H1’23. Tough market conditions of the first half of 2023 caused gaming venture capitalists and enterprises to reassess their strategies, which coincided with the emergence of fresh market trends.
Overall, H1’23 has seen 330 closed deals with the total deal value of $4.1B, compared to $39.7B among 463 deals in H1’22.
— In Q2’23, Private Investment activity displayed a noteworthy decline, with a total of $499m distributed across 94 deals. This equates to a 35% reduction in the deal count and a substantial 49% decrease in the overall deal value, as opposed to the preceding quarter, which saw $986m invested across 145 deals;
— Throughout H1’23, M&A landscape experienced a significant decrease in the deal value, marking a considerable decline of 31x. This decline was attributed to a scarcity of disclosed amounts and a substantial 47.7% reduction in the total number of deals compared to H1’22;
— The trend of diminishing performance in the public offerings market continues, presenting restricted opportunities for acquiring additional funds. In Q2’23, a mere 9 deals were executed. The prevalent variance in financial outcomes and predictions has contributed to challenges in stabilizing public share prices.
With the current bearish market and high interest rates, investment activities, including M&A and Public Offerings, are facing notable challenges. However, there’s a noticeable comeback in Early-stage and Corporate activities, resembling pre-pandemic trends. Also in this Report, we’re excited to cover investment activities in AI-related companies for the first time. You’ll find more comprehensive data, including insights into top VC funds and highlighted deals from the H1’23 period. Enter your email below to get you free copy of the report.
We are also happy to announce that Taylor Wessing became our official partner. Together, we share a common mission to empower gaming businesses and gaming industry professionals, providing them with comprehensive support and invaluable insights.