New wave · Worldwide

New gaming startups, founded 2020 on

The new wave: 225 gaming startups founded in 2020 or later that have raised money in rounds we track, $3.5B between them, placed in 6 segments.

225startups on the map
6segments
$3.5Braised between them
Game studiosmost funded segment

Game studios

72

+48 more

Game engines and tools

65

+41 more

Web3 games

31

+7 more

Mobile games

26

+2 more

AI in games

16

Esports

15

Segment by segment

Game studios

72 startups · $1.8B raised

  1. Vantage StudiosVantage Studios operates as a unit behind Assassin’s Creed®, Far Cry®, and Tom Clancy’s Rainbow Six® brands.France$1.3B
  2. Grand GamesGrand Games is shaping the future of gaming by creating genre-defining games played by millions worldwide.Türkiye$100M
  3. Mountaintop StudiosMountaintop Studios was an independent game studio founded in 2020 by Nate Mitchell and Matt Hansen.United States$30M
  4. LudeoLudeo is a gaming technology company that has created the world's first playable social media platform for gamers.United States$30M
  5. Delphi InteractiveDelphi Interactive is a publishing and licensing firm based in Los Angeles, focused on developing and publishing AAA video games.United States$27M
  6. NoiceNoice is a gaming livestreaming platform based in Helsinki, Finland, founded in 2020.Finland$21M
  7. Deep VoodooDeep Voodoo is an artificial intelligence-based visual effects studio that specializes in deepfake technology for the entertainment industry.United Kingdom$20M
  8. BoardBoard is a company that has developed The Board, a 24-inch game console designed for group play.United States$20M

Game engines and tools

65 startups · $753M raised

  1. Kepler InteractiveKepler Interactive is a global video game publisher and creative studio based in London, England, with a secondary office in Singapore.United Kingdom$127M
  2. TaleMonster GamesTaleMonster Games is a mobile game development studio based in Istanbul, founded in 2024 by a team of veterans from Peak Games.Türkiye$60M
  3. The Believer CompanyThe Believer Company is a global game development studio founded in March 2023 by former Riot Games executives.United States$55M
  4. Theorycraft GamesTheorycraft Games is an independent game development studio founded in December 2020 by industry veterans from Blizzard, Riot, BunUnited States$50M
  5. EDGE MarketsEDGE Markets creates tools to promote responsible betting activity and grow the legal sports betting ecosystem.United States$46M
  6. YahahaYAHAHA is a Finnish-founded no-code platform that enables users to create and share 3D interactive experiences and multiplayer games.Finland$40M
  7. ArtieArtie is a managed real-time data streaming platform designed for engineering teams.United States$38M
  8. Gardens InteractiveGardens Interactive is a remote-first game development studio based in Los Angeles, California.United States$35M

Web3 games

31 startups · $166M raised

  1. MetatheoryMETATHEORY is a technology-driven entertainment company based in San Francisco, California, founded in 2021.United States$24M
  2. BetHogBetHog is a cryptocurrency-based online casino and sportsbook platform founded by Nigel Eccles and Rob Jones, co-founders of FanDuel.United States$20M
  3. FreshCutFreshCut is a Web3 gaming community and content ecosystem based in Los Angeles, California.United States$15M
  4. IIlluviumIlluvium makes a game that rewards players with the opportunity to explore and capture NFT creatures, known as Illuvials, in combat.Australia$12M
  5. Worldwide WebbWorldwide Webb is an England-based digital platform that enables individuals to build, distribute and play NFT MMORPG metaverse game.United Kingdom$10M
  6. 3thix3thix is a Web3 gaming infrastructure and monetization platform based in Austin, Texas, founded in 2023 by Ankur R.United States$8.5M
  7. Crypto RaidersCrypto Raiders is a New Zealand-based entertainment company that develops and publishes blockchain-based video games and rewards pUnited States$6.0M
  8. LuxonLuxon is a Web3 platform which read user’s transaction on chain to identify their game play style.South Korea$5.8M

Mobile games

26 startups · $180M raised

  1. Spyke GamesSpyke Games is a mobile gaming company based in Istanbul, Turkey, founded in 2020 by industry veterans including Fuat Coskun, BarkTürkiye$50M
  2. KooplyKooply is a stealth-mode startup focused on developing a next-generation social and mobile gaming platform.United States$18M
  3. TurnipTurnip Media Private Limited, founded in 2020 and based in Bengaluru, India, is a dynamic technology startup focused on the mobileIndia$13M
  4. Mika GamesMika Games operates as a mobile gaming company.Cyprus$10M
  5. Mega FortunaMega Fortuna is a Turkish technology startup and mobile entertainment company based in Bursa, Türkiye.Türkiye$10M
  6. ForthStarForthStar is a privately held mobile games studio based in Manchester/Altrincham, UK, founded in 2023 by Paul Gouge and Alex RigbyUnited Kingdom$10M
  7. Ace GamesAce Games is a mobile gaming studio based in Istanbul, Turkey, founded in 2020 by Hakan Bas, a former co-founder of Peak Games.Türkiye$8.0M
  8. PowerZPowerZ is a French educational video game company that creates engaging learning experiences for children.France$7.1M

AI in games

16 startups · $522M raised

  1. DecartDecart AI Lab is an innovative artificial intelligence research laboratory and technology company founded in 2023, headquartered iUnited States$432M
  2. AIZ Entertainmentaiz Entertainment uses AI technology to generate interesting content.South Korea$19M
  3. NPC LabsNPC Labs operates as a web3 gaming infrastructure company.United States$18M
  4. Ambrus StudioAmbrus Studio is a gaming company based in Shanghai, founded in 2021 by Johnson Yeh, the former CEO of Riot Games APAC.United States$15M
  5. EvosEvos is the Agentic Operations Platform for the businesses that make, move and power the economy.United States$9.0M
  6. Origin LabOrigin Lab is a technology company based in California that specializes in providing premium, rights-cleared multimodal training dUnited States$8.0M
  7. BitmagicBitmagic is an AI-first game development company based in Helsinki, Finland, with an additional office in Austin, Texas.Finland$4.3M
  8. BullieverseBeyondOS is a global AI lab dedicated to developing foundational AI technologies for the entertainment sector, with a strong focusUnited Kingdom$4.0M

Esports

15 startups · $60M raised

  1. Oxygen EsportsOxygen Esports is a multi-title esports organization based in New England, founded in 2020 and headquartered in Foxborough/Boston,United States$20M
  2. XSETXSET is an Esports Company that organizes popular titles such as Call of Duty, Valorant, and Fortnite.United States$15M
  3. Take Take TakeTake Take Take is a chess-focused app and platform founded in April 2023 by 17-time World Chess Champion Magnus Carlsen.Norway$5.5M
  4. GanksterGankster is a competitive gaming and esports platform founded in 2021, designed to enhance the experience for players and teams.United States$4.3M
  5. Ultimate ChampionsUltimate Champions is a Web3 sports gaming platformFrance$4.0M
  6. Worldspark StudiosHome of Sparkball, a 4v4 competitive action "mobrawler" where teams must balance ballin' and brawlin' to score in the enemy team's goal!United States$3.0M
  7. NexGamiNexGami is a Web3 gaming platform and game publisher based in Victoria, Canada.Canada$2.5M
  8. Mokens LeagueMokens League is a blockchain-based esports ecosystem created by Monster League Studios LTD, a game studio based in Barcelona.Spain$2.0M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in gaming, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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