Get the latest tech news
Gaming M&A and financing deals grew 39% in 2024 | Drake Star
Gaming mergers and acquisitions (M&A) and financings in 2024 grew 39% to $27.3 billion in disclosed deal value across over 967 transactions, according to a report by Drake Star Partners. That’s a glimmer of bright news at a time when revenues appeared stagnant and game companies laid off more than 15,000 people. In fact, the […]
With over $1.8 billion in new capital raised by funds in 2024, signaling renewed investor interest, Drake Star anticipates a strong pipeline of seed and early-stage financings, along with select mid-to-late-stage rounds. Key growth segments are expected to include AI, tech platforms, and blockchain, driven by the strong recovery of the crypto market this year and the new U.S. administration’s endorsement of digital assets. With major releases such as the Nintendo Switch 2 and Grand Theft Auto 6 anticipated in 2025, the gaming industry is poised for significant growth in player engagement and revenues, Metzger said.
Or read this on Venture Beat