• 2022 started the year with a bang, already surpassing the full year 2021 deal value with a massive $98.7B in total value of announced and / or closed deals for Q1’22 • Massive industry consolidation with $92.6M in M&A activity across PC / console, mobile and esports, including acquisition of Activision by Microsoft, Zynga by Take-Two, Bungie by Sony and ESL by Savvy Games / PIF • VCs and strategics invested $3.4B in private companies through 287 deals, a record-breaking quarter for number of deals completed. Large rounds were raised by Dream Games, thatgamecompany, Tripledot, and Zupee while the most active VCs included Bitkraft, Sequoia, Makers Fund and Griffin Gaming • $1.2B was raised by private blockchain / NFT gaming companies with the largest rounds raised by Animoca Brands, Immutable, and New Sin City, while the most active investors were Animoca Brands, Alameda Research / FTX, and Shima Capital • Record number of new and follow-on funds focused on gaming and crypto space, including FTX’s $2B fund, Griffin Gaming Partners’ $750M fund, Makers’ $500M fund, Hiro Capital’s $340M fund, Gumi Crypto $110M and many more