PitchBook drops first gaming investment report covering Q4 2022

Investment data and research firm PitchBook has released its first market report on the gaming industry. The report focuses on Q4 2022 and provides an overview of the games market, venture capital activity and growth opportunities.

Venture capital deals up, but exits down

Like many peers, PitchBook’s data shows that 2022 was a corrective year for the games market. Deal activity and exits trended down from 2021’s highs, they but have still grown from pre-COVID levels. 2022’s total deal value is nearly quadruple that of 2019 and 1.5x its total deal volume.