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Gaming Report

Q2 2023

Gaming Report

August 25, 2023

Gaming reaches for the clouds 

While consumer spending on video games has remained healthy, according to our latest Emerging Tech Research report, VC funding has remained flat. In Q2 2023, there were 110 deals that generated $1.1 billion in deal value, showing funding in H1 2023 to be on par with 2020 funding levels. But gaming is still reaching for the clouds. 

The development segment has outpaced content as gaming startups look for new ways to help developers create the next big games. Investors also should pay attention to emerging opportunities within the space like startups working to deliver cloud gaming to the masses and those creating user generated content sandboxes for players.   


Table of contents
Vertical update 3
Q2 2023 timeline 5
Gaming landscape 6
Gaming VC ecosystem market map 7
VC activity 8
Emerging opportunities 16
        User generated content 17
        Cloud gaming 19
Select company highlights 21
        HyperPlay 22
        Triumph Labs 23
        Goals 24