Gaming startup funding in Europe
European funding attributed to this sector (companies tagged with it).
836 European Gaming companies have closed 1,220 funding rounds and raised €10B in equity funding (excluding debt and grants). Debt rounds added €798M. France leads by capital raised, and Index Ventures is the most active investor. Data as of 6 Nov 2026.
#20 sector by equity raised — 1.5% of European sector equity funding.
Equity funding
€10B
excl. debt & grants · +€798M debt
Funding rounds
1,220
Companies
836
Avg round
€11M
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsGaming — funding over time — interactive chart.
Data table
| Equity | Rounds | |
|---|---|---|
| 2010 | €43M | 20 |
| 2011 | €139M | 41 |
| 2012 | €108M | 48 |
| 2013 | €293M | 68 |
| 2014 | €160M | 46 |
| 2015 | €423M | 73 |
| 2016 | €241M | 98 |
| 2017 | €780M | 90 |
| 2018 | €521M | 72 |
| 2019 | €522M | 58 |
| 2020 | €631M | 71 |
| 2021 | €2.2B | 110 |
| 2022 | €1.4B | 104 |
| 2023 | €354M | 81 |
| 2024 | €524M | 58 |
| 2025 | €1.5B | 59 |
| 2026 | €191M | 40 |
Top deals
largest disclosed rounds| Company | Country | Stage | Amount | Date | |
|---|---|---|---|---|---|
| Ubisoft | France | Other | €1.2B | 2025-03-27 | View → |
| Sorare | France | Series B | €579M | 2021-09-21 | View → |
| Improbable | UK | Series B | €459M | 2017-05-11 | View → |
| Stillfront | Sweden | Debt | €365M | 2020-12-11 | View → |
| Voodoo | France | Other | €266M | 2021-08-03 | View → |
| FanDuel | UK | Series D+ | €246M | 2015-07-01 | View → |
| Azerion | Netherlands | Debt | €200M | 2021-04-26 | View → |
| Dream Games | Türkiye | Series C | €198M | 2022-01-18 | View → |
| Kahoot! | Norway | Growth/Late | €182M | 2020-10-13 | View → |
| Superbet | Romania | Growth/Late | €175M | 2019-05-14 | View → |
| Voodoo | France | Other | €161M | 2018-02-01 | View → |
| Aonic | Sweden | Other | €152M | 2024-12-18 | View → |
Top investors
named, by deal count- Index Ventures26 deals
- Play Ventures21 deals
- Initial Capital20 deals
- Makers Fund20 deals
- Tencent18 deals
- London Co-Investment Fund17 deals
- Sunstone Capital16 deals
- Northzone15 deals
- Creandum14 deals
- Accel13 deals
Top countries
total € raised · click a bar to openGaming — top countries — interactive chart.
Data table
| Gaming — top countries | |
|---|---|
| France | €2.8B |
| UK | €2.5B |
| Sweden | €1.3B |
| Türkiye | €1.0B |
| Finland | €798M |
| Germany | €440M |
| Norway | €416M |
| Netherlands | €297M |
| Israel | €216M |
| Denmark | €193M |
Stage mix
share of disclosed €Gaming — stage mix — interactive chart.
Data table
| Gaming — stage mix | |
|---|---|
| Other | €4.8B |
| Series B | €1.9B |
| Series A | €1.2B |
| Debt | €798M |
| Growth/Late | €758M |
| Seed | €566M |
| Series D+ | €474M |
| Series C | €430M |
| Early VC | €174M |
| Pre-Seed | €79M |
| ICO | €47M |
| Crowdfunding | €1.8M |