Data Points: Value of Video Game Investments and M&As Q1 2025

Source: DDM Games Investment Review Executive Summary Report Q1 2025

Value of Video Game Investments Q1 2025:

$4.4B across 190 investments

Q1 2025 investments totaled $4.4B across 190 investments (+370% in value and -8% in volume compared to Q4’s $945.9M across 207 investments) achieving a 4.7x in value growth QoQ and the highest value since Q2 2022 of $6.1B; this achievement can be attributed to Infinite Reality’s $3.0B mid/late-staged investment from Sterling Select (67% of the quarter’s value)

Value of Video Game M&As Q1 2025:

$3.3B across 55 transactions

Q1 2025 M&As totaled $3.3B across 55 transactions (-34% in value and +53% in volume compared to Q4’s $5.1BM across 36 transactions) achieving the highest quarterly volume since Q4 2022 of 63 transactions; the significant decline in reported deal value is due to a high proportion of M&A transactions that did not disclose values (44 out of 55 deals or 80%), which is 13% higher than the historical quarterly average of 67%

Download our Q1 2025 Games Investment Review Executive Summary which gives the full video game industry landscape on investments and M&As. You can also purchase the standalone single report of the Q1 Executive Summary with a full listing of the quarter’s transaction tables and data in PDF and Excel file formats for $399.

Sign up for the Games Investment Review newsletter or view additional data charts and tables from our Games Investment Review reports on our website at DDMGamesInvestmentReview.com. 

We always welcome your feedback at data@ddmagents.com.