Is there a shift from Content to Tech Startups among Gaming VCs?

IS THERE A SHIFT FROM

CONTENT TO TECH

STARTUPS AMONG

GAMING VCs?

#1

FEATURE BY
$
GDEV

Content creators & publishers remain the primary focus of VC investments in early- and late-stage rounds,

accounting for +50% of both value and number of deals

Note: VC-led deals with disclosed deal values between $250K and $500M, excluding any blockchain- and cash/skill-based related deals

Total Capital Deployed
(In $M)

Total Number of VC-Led Rounds

2

FEATURE BY
$
GDEV

Gaming content remains dominant in Seed and Series A rounds, with PC & Console studios now
surpassing

Mobile startups in securing funding

Early-Stage Capital Deployed
(In $M)

Number of Early-Stage VC-Led Rounds

Note: VC-led deals with disclosed deal values between $250K and $500M, excluding any blockchain- and cash/skill-based related deals

3

FEATURE BY
$
GDEV

Over the last twelve months gaming-focused VC funds have increasingly allocated capital to

technology-driven and platform-oriented startups compared to content creators & publishers

Note: VC-led deals with disclosed deal values between $250K and $500M, excluding any blockchain-, esports- and cash/skill-based related deals

Number of Rounds Led By Select VCs

4

FEATURE BY
$
GDEV

Select VC Funds

Capital Deployed by Select VCs
(In $M)