Devolver Digital has gone public at a $950 million valuation.
Devolver Digital has gone public at a $950 million valuation.
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Devolver Digital raises $261M at $950M valuation on LSE

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Devolver Digital has gone public on the London Stock Exchange’s AIM submarket in a deal that gives it $261 million in proceeds for both the company and shareholders at a $950 million valuation.

Devolver itself will get $50 million in proceeds, while $211 million will go to selling shareholders, which include the management team and investors like NetEase, which will still hold a stake. I think the lesson is that comedy can get you rich.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.