Drake Star Partners said game companies raised $71 billion through various means in the first nine months of 2021.

Gaming companies raised a record $71B in 844 deals so far this year

Game industries deals surpassed an unparalleled $71 billion in the first nine months of 2021, according to a report by investment bank Drake Star Partners.

With pandemic lockdowns shifting people from other activities into games and investors seeking havens, gaming has blossomed during a time when many other industries have been wrecked. And nine months into the year, the amount of money going into game acquisitions, investments, and public offerings is still growing at a record rate.

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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.