Q1 2024 Gaming Industry Report Released,
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Konvoy Ventures is a thesis driven venture capital firm focused on the video gaming industry. We invest in infrastructure technology, tools, and platforms.

Gaming Industry Report - Q1 2023

Q1 2023

Our analysis of the gaming market in Q1 2023 covers industry-specific trends in venture capital funding, public market data, and qualitative themes our team is currently monitoring. This report includes:


1. Gaming market size to reach $201b in 2023
2. Gaming VC funding: reached $761m in Q1 2023, up 29% QoQ
3. Gaming VC deal volume: 109 deals completed in Q1 2023, up 5% QoQ
4. Public gaming ETFs - up 10-20% since the start of 2023
5. Cash balances held by market-leading gaming ($48b) and tech ($164b) companies
6. Trends: AI in Gaming, regulatory environment, Roblox aging up, Epic launching UGC

Gaming Industry Report - Q1 2023

Q1 2023

Welcome to Game Changers, the podcast that takes you beyond the games and into the heart of the gaming industry's future. Brought to you by Konvoy, a Denver-based venture capital firm investing in the platforms and technologies at the frontier of gaming. This podcast is your backstage pass to the pioneers, innovators, and visionaries who are redefining how we play and experience these virtual worlds.

In each episode, your hosts—Josh Chapman, Jason Chapman, and Jackson Vaughan, the founders of Konvoy — invite you to join them for candid and open conversations with the industry's most influential leaders. These guests are the “Game Changers”, the masterminds behind the scenes who've built remarkable enterprises and continue to push the boundaries of what's possible for our industry.

Whether you're a gamer, a tech enthusiast, or a startup aficionado, the Game Changers podcast offers valuable insights, inspiring stories, and exclusive access to the minds shaping the future of the gaming industry. Join us as we explore who these Game Changers are, what they've built, and what they're doing now.

Are you ready to level up your understanding of the gaming industry? Subscribe now to "Game Changers" and embark on a journey that goes beyond the screen to uncover the stories behind the gaming world.