Data Points: New Capital Raised for Video Game Companies Q1 2024

Source: DDM Games Investment Review Executive Summary Report Q1 2024

New Capital Raised for Video Game Companies Q1 2024:

$13.7B across 28 funds

We track announcements from venture capital firms and funds on the new capital they raise that eventually become deployed in the investments in our reports.

Q1 2024 new fund announcements totaled $13.7B across 28 funds (-23% in value and +4% in volume compared to Q4 2023’s $17.8B across 27 funds).

While Q1 had a $4.0B in value decline in capital raised compared to Q4, when comparing year-over year Q1’s $13.7B in value is still higher than Q1 2023’s $10.1B across 22 funds (+36% in value and +27% in volume).

As mentioned in prior reports, fund managers continue to struggle on raising capital from LPs as Q1 saw the average capital raised per fund totaled $491.0M (-26% in value compared to Q4’s $660.1M); this is down significantly from Q1 2022’s top where the average fund raise was $1.1B (-56% in value).

Download our free Q1 2024 Games Investment Executive Summary or purchase the standalone single report with quarterly transaction tables and data for $399.

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