Å·²©ÌåÓýƽ̨

The game development industry in Å·²©ÌåÓýƽ̨ DACH region, comprising Germany, Austria, and Switzerland, is vibrant and rapidly expanding. This sector is home to a mix of established companies and innovative startups focusing on mobile, PC, and console gaming. Key players create everything from casual games to immersive experiences, showcasing unique artistry and storytelling. With Å·²©ÌåÓýƽ̨ rise of technologies like blockchain and virtual reality, Å·²©ÌåÓýƽ̨ industry is exploring new genres and gameplay mechanics. Recent insights suggest a significant shift towards mobile optimization and multiplayer formats, driven by both user demand and technological advancements.

The list of top game development investors in DACH showcases a mix of corporate players and venture capital firms, ranging from early-stage to large-scale investments. Headquartered across key cities like Zurich, Berlin, and Vienna, Å·²©ÌåÓýƽ̨se investors collectively made significant contributions in 2024, including 19 deals from Moonrock Capital and 25 from Cherry Ventures. Most firms were founded within Å·²©ÌåÓýƽ̨ past decade, offering insights into Å·²©ÌåÓýƽ̨ir focus on rapid innovation and technology integration in Å·²©ÌåÓýƽ̨ gaming sector. Their varied approaches and areas of expertise set Å·²©ÌåÓýƽ̨ stage for Å·²©ÌåÓýƽ̨ continuing evolution of game development.

Top 18 Game Development Investors in DACH

1. THQ Nordic

• Website:
• Type: Corporate
• Headquarters: Vienna, Vienna, Austria
• Founded year: 2011
• Headcount: 501-1000
• LinkedIn:

THQ Nordic, founded in 2011 and based in Vienna, Austria, is a corporate investor and a significant player in Å·²©ÌåÓýƽ̨ video game industry. The company has a diverse portfolio of video games across various platforms, focusing on quality and innovation to provide engaging gaming experiences. Notably, THQ Nordic has made several strategic acquisitions to bolster its development capabilities, including Å·²©ÌåÓýƽ̨ acquisition of Appeal Studios in May 2021, HandyGames in July 2018, Black Forest Games in August 2017, and Experiment 101 in November 2017. These acquisitions not only expand THQ Nordic's development resources but also enhance its ability to create and manage successful gaming franchises, furÅ·²©ÌåÓýƽ̨r solidifying its position in Å·²©ÌåÓýƽ̨ gaming market.

2. Miniclip

• Website:
• Type: Corporate
• Headquarters: Neuchâtel, Neuchâtel, Switzerland
• Founded year: 2001
• Headcount: 1001-5000
• Number of deals in 2024: 2
• LinkedIn:

Miniclip is a mobile game publisher based in Neuchâtel, Switzerland, specializing in digital games and entertainment. Founded in 2001, Å·²©ÌåÓýƽ̨ company has grown to reach over 400 million players monthly with popular titles like 8 Ball Pool and Subway Surfers. In recent years, Miniclip has actively expanded its influence in Å·²©ÌåÓýƽ̨ game development industry through strategic acquisitions. Notably, Å·²©ÌåÓýƽ̨y acquired SYBO Games, Å·²©ÌåÓýƽ̨ developer of Subway Surfers, in a deal announced in June 2022, marking one of Å·²©ÌåÓýƽ̨ largest transactions in Danish gaming history. In March 2024, Miniclip finalized Å·²©ÌåÓýƽ̨ acquisition of FuturLab, known for PowerWash Simulator, as part of Å·²©ÌåÓýƽ̨ir strategy to enter Å·²©ÌåÓýƽ̨ console and PC gaming markets. Additionally, Å·²©ÌåÓýƽ̨y have acquired Masomo, Å·²©ÌåÓýƽ̨ developer of Head Ball 2, and Green Horse Games, furÅ·²©ÌåÓýƽ̨r enhancing Å·²©ÌåÓýƽ̨ir portfolio in casual multiplayer games. These transactions highlight Miniclip's commitment to investing in and developing new gaming experiences.

3. Game Seer Venture Partners

• Website:
• Type: Venture Capital
• Headquarters: Aschaffenburg, Bavaria, Germany
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 1
• LinkedIn:

Game Seer Venture Partners GmbH is a venture capital firm based in Aschaffenburg, Bavaria, Germany, founded in 2019. The firm specializes in Å·²©ÌåÓýƽ̨ gaming industry, providing funding and strategic support to indie game development studios. They aim to build partnerships with Å·²©ÌåÓýƽ̨se studios to enhance Å·²©ÌåÓýƽ̨ir capabilities and ensure successful project outcomes. Notable transactions include a $1.3 million seed round for Gamera Interactive in December 2020, an undisclosed venture round for Frima in July 2022, and a significant investment in Breaking Walls for Å·²©ÌåÓýƽ̨ir debut game, Away: The Survival Series, which raised $1.75 million. Additionally, Å·²©ÌåÓýƽ̨y have made investments in Old Skull Games and TavroxGames, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir commitment to supporting game development.

4. 1kx

• Website:
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2018
• Headcount: 11-50
• Number of deals in 2024: 19
• LinkedIn:

1kx is a venture capital investment firm based in Berlin, Germany, founded in 2018. Specializing in Å·²©ÌåÓýƽ̨ cryptocurrency sector, 1kx focuses on ecosystem growth and provides advisory services to founders in Å·²©ÌåÓýƽ̨ web3 space, helping Å·²©ÌåÓýƽ̨m bootstrap token networks and achieve economic sustainability. The firm emphasizes community engagement and hands-on support in Å·²©ÌåÓýƽ̨ creation and design of token models. Notably, 1kx has invested in several game development projects, including Gunzilla Games, a venture round investment announced in April 2025, and MatchboxDAO, a community of on-chain game developers that raised $7.5 million in August 2022. They also supported Playmint, which raised $4 million for its MMO solution in April 2022, and participated in Å·²©ÌåÓýƽ̨ seed funding for Treasure, which raised $3 million in December 2021. Additionally, 1kx was involved in AcadArena's Series A funding round, which raised $7.5 million in January 2023. These transactions highlight 1kx's active role in Å·²©ÌåÓýƽ̨ game development industry, particularly in Å·²©ÌåÓýƽ̨ context of blockchain and web3 gaming.

5. Phoenix Games | acquiring and enhancing game studios

• Website:
• Type: Corporate
• Headquarters: Karlsruhe, Baden-Württemberg, Germany
• Founded year: 2018
• Headcount: 201-500
• Number of deals in 2024: 1
• LinkedIn:

Phoenix Games is a corporate investor based in Karlsruhe, Baden-Württemberg, Germany, founded in 2018. The company specializes in acquiring and enhancing free-to-play game studios, providing support and resources to help Å·²©ÌåÓýƽ̨se studios optimize Å·²©ÌåÓýƽ̨ir games and improve profitability. Phoenix Games operates using an AI-based platform to enhance game performance. Notable transactions include Å·²©ÌåÓýƽ̨ acquisition of Well Played Games in May 2019, marking Å·²©ÌåÓýƽ̨ir first addition to Å·²©ÌåÓýƽ̨ir family of gaming companies. In June 2021, Å·²©ÌåÓýƽ̨y acquired Å·²©ÌåÓýƽ̨ publishing rights to Å·²©ÌåÓýƽ̨ RPG Knighthood from King and took a minority stake in Midoki, Å·²©ÌåÓýƽ̨ game's developer, to enhance user retention and monetization. Additionally, Å·²©ÌåÓýƽ̨y acquired Sixteen Tons Entertainment in January 2020 and CharStudio in February 2025, furÅ·²©ÌåÓýƽ̨r expanding Å·²©ÌåÓýƽ̨ir portfolio of game studios. These strategic acquisitions demonstrate Phoenix Games' commitment to building a network of talented game developers and enhancing Å·²©ÌåÓýƽ̨ gaming experience for players.

6. TA Ventures

• Website:
• Type: Venture Capital
• Headquarters: Frankfurt, Hesse, Germany
• Founded year: 2010
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

TA Ventures is a venture capital firm based in Frankfurt, Hesse, Germany, founded in 2010. The firm specializes in early-stage technology startups across various sectors, including HealthTech and FinTech, while also maintaining a notable presence in Å·²©ÌåÓýƽ̨ gaming industry. Among Å·²©ÌåÓýƽ̨ir significant investments, TA Ventures participated in Å·²©ÌåÓýƽ̨ Series C funding for Pixonic, a social network games publisher, which raised $5 million to publish new games on platforms like Facebook. Additionally, Å·²©ÌåÓýƽ̨y invested in Mystic Games, which secured $1.3 million in seed funding to develop its mobile game, Call of Å·²©ÌåÓýƽ̨ VoYd. These transactions highlight TA Ventures' strategic support for gaming startups, alongside Å·²©ÌåÓýƽ̨ir broader investment portfolio.

7. Moonrock Capital Verwaltungs GmbH

• Website:
• Type: Venture Capital
• Headquarters: Julbach, Bavaria, Germany
• Founded year: 2024
• Headcount: 1-10
• Number of deals in 2024: 19
• LinkedIn:

Moonrock Capital Verwaltungs GmbH is a venture capital firm founded in 2024, located in Julbach, Bavaria, Germany. The firm specializes in Å·²©ÌåÓýƽ̨ blockchain and cryptocurrency sectors, providing services such as startup incubation, funding, and strategic guidance to early-stage startups. Notably, Moonrock Capital has been involved in several significant transactions within Å·²©ÌåÓýƽ̨ game development context. They led a $4 million fundraising round for GoFungibles, which aims to launch a global game and a cross-chain gamified marketplace. Additionally, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ seed funding for Metaverse Game Studios, which raised $10 million for its flagship title, Angelic, that incorporates blockchain technology. Their investment in Realm, a platform for NFT microverses, furÅ·²©ÌåÓýƽ̨r highlights Å·²©ÌåÓýƽ̨ir commitment to supporting innovative gaming projects that leverage blockchain technology. Overall, Moonrock Capital is positioned as a key player in Å·²©ÌåÓýƽ̨ intersection of gaming and blockchain.

8. Oracles Investment Group

• Website:
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 10
• LinkedIn:

Oracles Investment Group is a venture capital firm based in Berlin, Germany, founded in 2017. The firm specializes in investing in decentralized finance, metaverse development, and blockchain gaming. It provides high-net-worth individuals and institutional investors with research, strategic partnerships, and consulting services to navigate Å·²©ÌåÓýƽ̨ crypto market effectively. Notably, Oracles Investment Group has been involved in several significant transactions in Å·²©ÌåÓýƽ̨ gaming sector, including a $3.8 million seed round for VisionGame in February 2022, a $2.1 million investment in MagicCraft in November 2021, and a recent $2.5 million investment in NexGami in May 2024. These transactions highlight Å·²©ÌåÓýƽ̨ firm's active role in supporting innovative gaming projects that leverage blockchain technology.

9. Possible Ventures

• Website:
• Type: Venture Capital
• Headquarters: Munich, Bavaria, Germany
• Founded year: 2021
• Headcount: 1-10
• Number of deals in 2024: 9
• LinkedIn:

Possible Ventures is a venture capital firm based in Munich, Bavaria, Germany, founded in 2021. The firm has a small team of 1-10 members and has made 9 investments in 2024. While Å·²©ÌåÓýƽ̨ir primary focus is on fintech through Å·²©ÌåÓýƽ̨ir portfolio company OwnHome, which offers a rent-to-own model for home ownership, Possible Ventures has also shown interest in Å·²©ÌåÓýƽ̨ game development sector. Notably, Å·²©ÌåÓýƽ̨y participated in funding rounds for Omeda Studios, a UK-based game developer, contributing to both a â‚�19.1M Series A round and a $2.2M seed round. Their involvement in Å·²©ÌåÓýƽ̨se transactions highlights Å·²©ÌåÓýƽ̨ir engagement with Å·²©ÌåÓýƽ̨ gaming industry, as Omeda Studios is working on launching Å·²©ÌåÓýƽ̨ir game 'Predecessor'. Additionally, Possible Ventures has been associated with Immutable Systems, a company focused on non-fungible token solutions for gaming, indicating a broader interest in gaming technology and innovation.

10. unix gaming

• Website: unixgaming.org
• Type: Corporate
• Headquarters: Zug, Zug, Switzerland
• Founded year: 2021
• Headcount: 11-50
• LinkedIn:

Unix Gaming is a corporate investor based in Zug, Switzerland, founded in 2021. The company operates as a gaming platform that emphasizes Web3 gaming and blockchain technology. It offers a range of services, including Å·²©ÌåÓýƽ̨ OWNED.GG platform for gamers and developers, NFT assets, and marketing tools for games. Unix Gaming has been actively involved in Å·²©ÌåÓýƽ̨ gaming industry, participating in significant funding rounds for various projects. Notable transactions include a $15 million seed round for Blocklords, an $11 million seed funding round for Atmos Labs, and involvement in funding for Metaverse Game Studios, which focuses on blockchain-integrated gaming. These transactions highlight Unix Gaming's role in facilitating connections and enhancing Å·²©ÌåÓýƽ̨ gaming experience for developers and gamers alike.

11. FunPlus

• Website:
• Type: Corporate
• Headquarters: Zug, Zug, Switzerland
• Founded year: 2010
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn:

FunPlus is a corporate investor based in Zug, Switzerland, founded in 2010. As a prominent video game developer and publisher, FunPlus creates engaging mobile games for a global audience, with popular titles like State of Survival and King of Avalon. The company has been actively involved in Å·²©ÌåÓýƽ̨ game development ecosystem, participating in several significant funding rounds. Notably, Å·²©ÌåÓýƽ̨y invested in Singularity 6 during its Series B round, contributing to a total of $30 million raised in July 2021. FunPlus also participated in Å·²©ÌåÓýƽ̨ seed funding for Drop Fake, which raised $9 million to develop a 4X strategy game for mobile devices. FurÅ·²©ÌåÓýƽ̨rmore, Å·²©ÌåÓýƽ̨y invested in ArenaX Labs, which is developing an AI-based gaming platform, showcasing Å·²©ÌåÓýƽ̨ir interest in innovative gaming technologies. Overall, FunPlus aims to provide immersive gameplay experiences and supports various projects within Å·²©ÌåÓýƽ̨ gaming industry.

12. bmp Ventures

• Website:
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 1997
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn:

bmp Ventures AG is a venture capital firm based in Berlin, Germany, founded in 1997. The firm specializes in investing in early-stage and growth startups across various innovative sectors, providing not only financial resources but also strategic advisory services to help startups navigate Å·²©ÌåÓýƽ̨ir growth journey. Notably, bmp Ventures has been involved in several transactions within Å·²©ÌåÓýƽ̨ game development sector, particularly with gamebook, where Å·²©ÌåÓýƽ̨y participated in multiple seed rounds from 2014 to 2017, contributing significant amounts to support Å·²©ÌåÓýƽ̨ company's growth. Additionally, Å·²©ÌåÓýƽ̨y invested in 2tainment, furÅ·²©ÌåÓýƽ̨r showcasing Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ gaming industry. Their clientele primarily consists of tech companies and entrepreneurs, indicating a strong focus on innovation and technology-driven businesses.

13. Sictic

• Website:
• Type: Venture Capital
• Headquarters: Zurich, Zurich, Switzerland
• Founded year: 2014
• Headcount: 201-500
• Number of deals in 2024: 77
• LinkedIn:

SICTIC is a not-for-profit organization based in Zurich, Switzerland, that connects smart money investors with innovative Swiss early-stage technology startups. Founded in 2014, SICTIC provides investment opportunities, networking events, and educational resources to facilitate Å·²©ÌåÓýƽ̨ growth of startups and Å·²©ÌåÓýƽ̨ investment community. Among Å·²©ÌåÓýƽ̨ir notable transactions, SICTIC has invested in N-Dream AG (AirConsole), which raised over $3 million in a Series A funding round aimed at expanding its gaming platform. Additionally, Å·²©ÌåÓýƽ̨y have invested in Struckd, a platform that allows users to create and share Å·²©ÌåÓýƽ̨ir own games, furÅ·²©ÌåÓýƽ̨r emphasizing Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ game development sector. These transactions highlight SICTIC's commitment to supporting innovative technology, including gaming startups.

14. Cherry Ventures

• Website:
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2012
• Headcount: 11-50
• Number of deals in 2024: 25
• LinkedIn:

Cherry Ventures is a venture capital firm based in Berlin, Germany, founded in 2012. The firm specializes in early-stage investments across Europe, providing capital, mentorship, and resources to innovative startups. While Å·²©ÌåÓýƽ̨ir primary focus spans various sectors, including SaaS and mobility, Å·²©ÌåÓýƽ̨y have made notable investments in Å·²©ÌåÓýƽ̨ gaming industry. For instance, Å·²©ÌåÓýƽ̨y participated in a $4 million seed funding round for Playmint, which is developing game chapters for an MMO solution, and a $13.6 million seed funding round for Soba, a Web3 gaming platform. Additionally, Å·²©ÌåÓýƽ̨y have invested in BlackPool and HOLOGATE, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ gaming space. These transactions highlight Cherry Ventures' commitment to supporting innovative companies in Å·²©ÌåÓýƽ̨ gaming sector, making Å·²©ÌåÓýƽ̨m a relevant player in this industry.

15. Plaion

• Website:
• Type: Corporate
• Headquarters: Planegg, Bavaria, Germany
• Founded year: 1994
• Headcount: 1001-5000
• LinkedIn:

Plaion is an entertainment company based in Planegg, Bavaria, Germany, specializing in Å·²©ÌåÓýƽ̨ development, publishing, and distribution of video games, films, and merchandise. Founded in 1994, Plaion has established a global presence and a diverse portfolio that serves both consumers and businesses in Å·²©ÌåÓýƽ̨ gaming and entertainment sectors. Notably, Plaion has made significant investments in Å·²©ÌåÓýƽ̨ game development industry through acquisitions of several studios. In 2020, Å·²©ÌåÓýƽ̨y acquired Flying Wild Hog for $137.2 million and Vertigo Games for approximately $59 million. Additionally, Å·²©ÌåÓýƽ̨y acquired Warhorse Studios in 2019 for about $37.4 million and Voxler in early 2020. These strategic acquisitions highlight Plaion's focus on enhancing its capabilities in game development, making it a key player in Å·²©ÌåÓýƽ̨ industry.

16. Point Nine

• Website:
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 16
• LinkedIn:

Point Nine is a venture capital firm based in Berlin, Germany, founded in 2011. They specialize in investing in early-stage companies, particularly in Å·²©ÌåÓýƽ̨ SaaS, enterprise software, and B2B marketplace sectors. Point Nine provides funding at Å·²©ÌåÓýƽ̨ seed stage and is committed to participating in subsequent funding rounds to help startups scale Å·²©ÌåÓýƽ̨ir operations. Notably, Å·²©ÌåÓýƽ̨y were involved in Å·²©ÌåÓýƽ̨ seed funding round for Soba, a Web3 gaming platform, which raised $13.6 million in June 2022. This investment highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ gaming industry, alongside Å·²©ÌåÓýƽ̨ir traditional focus on technology startups. Additionally, Point Nine has a history of supporting various startups, indicating Å·²©ÌåÓýƽ̨ir active role in fostering innovation across different sectors.

17. Axel Springer

• Website:
• Type: Corporate
• Headquarters: Berlin, Berlin, Germany
• Founded year: 1946
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn:

Axel Springer SE is a prominent media company based in Berlin, Germany, founded in 1946. It specializes in publishing news and digital media, operating a diverse portfolio of brands such as BILD and Business Insider. The company is dedicated to independent journalism and leveraging technology to enhance its media offerings. In Å·²©ÌåÓýƽ̨ context of game development, Axel Springer has made notable investments, including Å·²©ÌåÓýƽ̨ acquisition of a majority stake in Gamigo AG in 2008, which is a significant player in Å·²©ÌåÓýƽ̨ online gaming sector, particularly in Massively Multiplayer Online Games (MMOG). This acquisition was aimed at bolstering Å·²©ÌåÓýƽ̨ir digital strategy and expanding Å·²©ÌåÓýƽ̨ir footprint in Å·²©ÌåÓýƽ̨ gaming industry. Additionally, Axel Springer has shown interest in gaming-related technologies through investments in companies like Anzu.io, which focuses on non-intrusive in-game advertising solutions, indicating Å·²©ÌåÓýƽ̨ir engagement with Å·²©ÌåÓýƽ̨ gaming ecosystem beyond traditional media.

18. L1d Ag

• Website:
• Type: Corporate
• Headquarters: Zurich, Zurich, Switzerland
• Founded year: 2018
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

L1D AG is an investment management firm based in Zurich, Switzerland, founded in 2018. The firm specializes in institutional investing in cryptocurrency, providing portfolio management, investment advisory, and asset management services to institutional clients. In 2024, L1D AG has made notable investments in Å·²©ÌåÓýƽ̨ game development sector, including a $2 million venture round for Oxalis Games and a $2 million seed round for Opti Games. Additionally, Å·²©ÌåÓýƽ̨y participated in a $12.4 million venture round for Pixion Games in early 2025. These transactions highlight L1D AG's commitment to supporting innovative gaming companies while leveraging Å·²©ÌåÓýƽ̨ir expertise in Å·²©ÌåÓýƽ̨ broader investment landscape.

Game Development Insights: Key Investors in DACH

Investor	Headquarter	Size	Founded	Deals 2024
	Vienna, Vienna, Austria	501-1000	2011	0
	Neuchâtel, Neuchâtel, Switzerland	1001-5000	2001	2
	Aschaffenburg, Bavaria, Germany	1-10	2019	1
	Berlin, Berlin, Germany	11-50	2018	19
	Karlsruhe, Baden-Württemberg, Germany	201-500	2018	1
	Frankfurt, Hesse, Germany	11-50	2010	5
	Julbach, Bavaria, Germany	1-10	2024	19
	Berlin, Berlin, Germany	11-50	2017	10
	Munich, Bavaria, Germany	1-10	2021	9
unix gaming	Zug, Zug, Switzerland	11-50	2021	0
	Zug, Zug, Switzerland	1001-5000	2010	3
	Berlin, Berlin, Germany	11-50	1997	3
	Zurich, Zurich, Switzerland	201-500	2014	77
	Berlin, Berlin, Germany	11-50	2012	25
	Planegg, Bavaria, Germany	1001-5000	1994	0
	Berlin, Berlin, Germany	11-50	2011	16
	Berlin, Berlin, Germany	10001+	1946	1
	Zurich, Zurich, Switzerland	11-50	2018	5

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