PitchBook Reports 62% Drop in Video Game VC Deals in 2022 Amid Regulatory Scrutiny but Highlights New AI and Metaverse Investment Opportunities

PitchBook's report shows a contraction in video game industry VC deals in 2022 with a 62% drop in deal count and 82% lower growth year-over-year, yet total deal value in 2022 ($13.3 billion) remains nearly four times that of 2019. Despite the slowdown driven by macroeconomic uncertainty and regulatory scrutiny, new investment opportunities arise in VR, AR, metaverse, and generative AI for game development.