PitchBook：2025年三季度游戏风险投资趋势报告（英文版）

• Gaming startups raised $1 billion in Q3, up 10.7% quarter over quarter but still down 52.6% year over year, underscoring a selective rebound in deal value despite ongoing softness in deal volume. The sector is pacing for a 34.6% annual pullback in transactions as investors continue to gravitate toward proven business models. • AI-driven gametech funding reached $231 million, led by Decart’s $100 million Series B—the quarter’s largest round. Investment concentrated in foundation models, voic