You're smart to zoom in on specialist gaming capital. 2025 isn't a tourist market—partners who know fun loops, UA math, platform policy, and content pipelines will save you months. Here's the founder-first map: how to choose, who's truly active, and how to pitch so you get to "yes."

1) How to pick the right gaming investors (quick and accurate)

Match your build to their lane. Studios vs. tools vs. platforms; PC/console vs. mobile; UGC/Roblox, web3, or engine/infra. Scan each fund's last 12–18 months of deals and public theses, not just old logos. Konvoy's quarterly reports are a clean pulse on where capital is flowing and cooling. (konvoy.vc)
Stage discipline matters. If you're pre-product, you need hands-on seed specialists (LVP, Play, Konvoy). If you're scaling, look for funds with larger reserves (Griffin, BITKRAFT) or strategics that can unlock distribution. (Griffin Gaming Partners -)
Line up distribution early. A16z's Speedrun and platform-adjacent investors care about creator funnels, platform policy, and channel leverage. Show routes to audience that aren't just paid UA. (Andreessen Horowitz)
Bring today's metrics, not hopes. D1/D7/D30, payer %, ARPPU/ARPDAU, LTV/CAC by cohort; for tools, show developer adoption (MAU logos, retention), gross margin, and "uninstall" reasons.
Validate recency. 2024–2025 saw whipsaws in deal volume and dollars—prioritize funds still leading new rounds this year. (konvoy.vc)

Organize your materials in a secure data room to demonstrate professionalism and make it easy for investors to review your pitch deck and technical documentation.

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2) 10 Top Gaming Investors for 2025

1) BITKRAFT Ventures — games & interactive media specialist

What they back: Studios, platforms, and tech across PC/console/mobile, UGC, esports, and AI x gaming.

How they help: Deep domain diligence, cross-platform benchmarks, and later-stage follow-on comfort.

2025 signal: Continues to position as a leading global gaming VC with an active portfolio across content and tooling. (BITKRAFT Ventures)

2) Makers Fund — "builders of the next generation of creators and experiences"

What they back: Premium and F2P content, UGC ecosystems, creator tools, game services.

How they help: Operator-heavy support, sharp instincts around player psychology and creative pipelines.

2025 signal: Ongoing portfolio activity including Voldex acquiring Brookhaven (Roblox's most-visited game) and high-profile mobile outcomes around Dream Games. (Makers Fund)

3) Griffin Gaming Partners — large, multi-stage games fund

What they back: Studios, platforms, infra (from Second Dinner to Discord-adjacent tools).

How they help: Big-fund reserves and global co-investor networks; comfort leading A/B.

2025 signal: One of the world's largest game-focused AUM bases (~$1.5B), with active portfolio adds through 2025. (Griffin Gaming Partners -)

4) a16z Games (Games Fund One & Speedrun) — heavy on distribution & tooling

What they back: Studios, platforms, creator economy, game tech; Speedrun writes up to $1M very early.

How they help: Distribution science, creator partnerships, GTM muscle; structured accelerator support.

2025 signal: Active programs and continuing deployment from Games Fund One and Speedrun. (Andreessen Horowitz)

5) LVP (London Venture Partners) — seed specialist for games

What they back: Seed/pre-seed in studios and game-adjacent tech; Europe-born, global reach.

How they help: Hands-on early product shaping, hiring, and milestone design to reach Series A.

2025 signal: Remains an active, gaming-only investor with fresh 2025 activity. (London VP)

6) Konvoy Ventures — thesis-driven across games & infra

What they back: Game studios, platforms, and enabling tech; excellent industry data and reporting.

How they help: Early intros to publishers/creators; crisp market read via quarterly reports (great for your deck appendix).

2025 signal: Publishing Q1/Q2 2025 reports and staying active on new checks while tracking a choppy funding environment. (konvoy.vc)

7) Play Ventures — seed purist for gaming

What they back: Free-to-play studios, UGC, and game-adjacent tools; global, lean, and fast.

How they help: Formation help, pragmatic UA/retention advice, and tight seed syndicates.

2025 signal: Stayed active through the downcycle; visible wins and fresh portfolio news in 2025. (forbes.com)

8) HIRO Capital — Europe-led "games, spatial, simulation"

What they back: Studios, creator tools, dev infra (build acceleration, distribution), and sports x gaming.

How they help: Pan-EU reach, later-stage follow-ons, cross-category partnerships.

2025 signal: Continues deploying and publishing sector views; active portfolio announcements through 2025. (Hiro Capital)

9) Savvy Games Group (strategic) — scaled strategic capital + publishing reach

What they back: Studios, platforms, esports; can acquire, co-develop, or invest.

How they help: Distribution and production capacity via Scopely and ESL FACEIT; ability to do meaningful follow-ons.

2025 signal: Scopely acquired Pokémon Go and other titles from Niantic in 2025—evidence of continued large-scale activity. (Financial Times)

10) Tencent (strategic) — the global heavyweight

What they back: Minority and strategic stakes in major publishers and promising studios; platform and live-ops expertise.

How they help: Global distribution partnerships, co-dev, and live-ops playbooks across PC/console/mobile.

2025 signal: Took a €1.16B stake for 25% of a new Ubisoft unit housing Assassin's Creed/Far Cry/Rainbow Six—still an ultra-active gaming investor. (The Verge)

How to use this list: Start with 3–5 that match your platform, genre, and stage. Pull their last 10 public deals, note what they said yes to (and why), then tailor your deck and data room to that pattern. You're already thinking like a pro. Organize your startup data room to track engagement and follow up strategically.

3) Five quick tips for pitching gaming investors (2025)

Show the "fun → money" chain, fast. 90 seconds: core loop → early retention (D1/D7/D30) → payer conversion → LTV/CAC by cohort. For tools, swap in dev retention (Logo/MAPU), expansion, and gross margin.
Prove distribution beyond ads. Creator funnels, UGC channels, Roblox/Fortnite UEFN plans, partner features, cross-promo. Name the lever and the cost.
De-risk platform and policy. Apple/GDPR/loot box stance, ratings, and data compliance; if web3, spell out on-ramp, custodial choices, and store policies.
Production you can ship. Roadmap by milestones (vertical slice → soft launch → feature complete), staffing plan, and your burn vs. content cadence.
Make diligence painless. One-pager KPI sheet, cohort curves, build/playtest calendar, Miro of systems design, and a tidy Notion index for the data room. Investors will notice the craft. Use Peony to organize your startup data room and track investor engagement.

Final Thoughts

Gaming fundraising in 2025 requires precision, preparation, and professional presentation. The investors listed above are actively deploying capital, but they expect founders to come prepared with clear metrics, realistic distribution plans, and evidence of player engagement.

Gaming investors evaluate not just your game concept, but your ability to execute on production, manage UA economics, and scale distribution. Organize your startup data room, track investor engagement, and demonstrate operational maturity from day one.

Get started with Peony for your gaming fundraising — secure data rooms built for startups raising capital.

Impress Investors

Top 10 Gaming Investors in 2025: VCs Funding the Future of Interactive Entertainment