Video game investment levels drop back to pre-covid levels

After a surge of investment between 2020 and 2022, money funnelled into the video game industry from private equity sources has now dropped dramatically, back to and even below previous pre-Covid levels.

Many industry analysts have linked this sudden drop in investment with the swathes of layoffs that have affected the industry over the last 12 months.

In 2023, this has now slumped to $2.09bn – around “a seventh of the investment of each of the previous two years”.