SE Asia’s Digital Gaming Landscape 2022

High on the momentum from last year when digital asset prices were surging, Southeast Asia’s gaming startups are set to end the year 2022 with a record cash pile. As of the end of October, homegrown gaming startups had raised $502 million to surpass the total equity funding secured in the previous 10 years, if we exclude the outlier that is Sea Ltd’s Garena.

According to the latest report from DealStreetAsia — DATA VANTAGE, blockchain gaming startups have received the lion’s share of the capital flowing into the sector. However, security breaches and the collapse of major centralised exchanges that facilitate digital asset transactions could dull the momentum.

The report also looks at the growing popularity of eSports and the subsequent increase in funding for game developers and event organisers in the space as well as fintech companies riding on the growth in game credits and voucher purchases.

The report covers:

  • Fundraising by Southeast Asian startups focused on digital games

The report is available exclusively to DealStreetAsia — DATA VANTAGE subscribers. Subscribe/upgrade your subscription now to access our entire set of reports.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DealStreetAsia

DealStreetAsia is a Singapore-headquartered, subscription-driven media company, covering all deals — private equity, venture capital & M&As in Asia.