The game development industry in the 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 the rise of technologies like blockchain and virtual reality, the 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, these investors collectively made significant contributions in 2024, including 19 deals from Moonrock Capital and 25 from Cherry Ventures. Most firms were founded within the past decade, offering insights into their focus on rapid innovation and technology integration in the gaming sector. Their varied approaches and areas of expertise set the stage for the continuing evolution of game development.


Top 18 Game Development Investors in DACH


1. THQ Nordic


THQ Nordic, founded in 2011 and based in Vienna, Austria, is a corporate investor and a significant player in the 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 the 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, further solidifying its position in the gaming market.


2. Miniclip

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

Miniclip is a mobile game publisher based in Neuchâtel, Switzerland, specializing in digital games and entertainment. Founded in 2001, the 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 the game development industry through strategic acquisitions. Notably, they acquired SYBO Games, the developer of Subway Surfers, in a deal announced in June 2022, marking one of the largest transactions in Danish gaming history. In March 2024, Miniclip finalized the acquisition of FuturLab, known for PowerWash Simulator, as part of their strategy to enter the console and PC gaming markets. Additionally, they have acquired Masomo, the developer of Head Ball 2, and Green Horse Games, further enhancing their portfolio in casual multiplayer games. These transactions highlight Miniclip's commitment to investing in and developing new gaming experiences.


3. Game Seer Venture Partners


Game Seer Venture Partners GmbH is a venture capital firm based in Aschaffenburg, Bavaria, Germany, founded in 2019. The firm specializes in the gaming industry, providing funding and strategic support to indie game development studios. They aim to build partnerships with these studios to enhance their 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 their debut game, Away: The Survival Series, which raised $1.75 million. Additionally, they have made investments in Old Skull Games and TavroxGames, further solidifying their commitment to supporting game development.


4. 1kx

  • Website: 1kx.network
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 19
  • LinkedIn: 1kxnetwork

1kx is a venture capital investment firm based in Berlin, Germany, founded in 2018. Specializing in the cryptocurrency sector, 1kx focuses on ecosystem growth and provides advisory services to founders in the web3 space, helping them bootstrap token networks and achieve economic sustainability. The firm emphasizes community engagement and hands-on support in the 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 the 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 the game development industry, particularly in the context of blockchain and web3 gaming.


5. Phoenix Games | acquiring and enhancing game studios

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

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 these studios optimize their games and improve profitability. Phoenix Games operates using an AI-based platform to enhance game performance. Notable transactions include the acquisition of Well Played Games in May 2019, marking their first addition to their family of gaming companies. In June 2021, they acquired the publishing rights to the RPG Knighthood from King and took a minority stake in Midoki, the game's developer, to enhance user retention and monetization. Additionally, they acquired Sixteen Tons Entertainment in January 2020 and CharStudio in February 2025, further expanding their portfolio of game studios. These strategic acquisitions demonstrate Phoenix Games' commitment to building a network of talented game developers and enhancing the gaming experience for players.


6. TA Ventures

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

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 the gaming industry. Among their significant investments, TA Ventures participated in the Series C funding for Pixonic, a social network games publisher, which raised $5 million to publish new games on platforms like Facebook. Additionally, they invested in Mystic Games, which secured $1.3 million in seed funding to develop its mobile game, Call of the VoYd. These transactions highlight TA Ventures' strategic support for gaming startups, alongside their broader investment portfolio.


7. Moonrock Capital Verwaltungs GmbH

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

Moonrock Capital Verwaltungs GmbH is a venture capital firm founded in 2024, located in Julbach, Bavaria, Germany. The firm specializes in the 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 the 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, they participated in the 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, further highlights their commitment to supporting innovative gaming projects that leverage blockchain technology. Overall, Moonrock Capital is positioned as a key player in the intersection of gaming and blockchain.


8. Oracles Investment Group


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 the crypto market effectively. Notably, Oracles Investment Group has been involved in several significant transactions in the 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 the firm's active role in supporting innovative gaming projects that leverage blockchain technology.


9. Possible Ventures

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

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 their primary focus is on fintech through their portfolio company OwnHome, which offers a rent-to-own model for home ownership, Possible Ventures has also shown interest in the game development sector. Notably, they participated in funding rounds for Omeda Studios, a UK-based game developer, contributing to both a €19.1M Series A round and a $2.2M seed round. Their involvement in these transactions highlights their engagement with the gaming industry, as Omeda Studios is working on launching their 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

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 the OWNED.GG platform for gamers and developers, NFT assets, and marketing tools for games. Unix Gaming has been actively involved in the 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 the gaming experience for developers and gamers alike.


11. FunPlus

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

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 the game development ecosystem, participating in several significant funding rounds. Notably, they invested in Singularity 6 during its Series B round, contributing to a total of $30 million raised in July 2021. FunPlus also participated in the seed funding for Drop Fake, which raised $9 million to develop a 4X strategy game for mobile devices. Furthermore, they invested in ArenaX Labs, which is developing an AI-based gaming platform, showcasing their interest in innovative gaming technologies. Overall, FunPlus aims to provide immersive gameplay experiences and supports various projects within the gaming industry.


12. bmp Ventures

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

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 their growth journey. Notably, bmp Ventures has been involved in several transactions within the game development sector, particularly with gamebook, where they participated in multiple seed rounds from 2014 to 2017, contributing significant amounts to support the company's growth. Additionally, they invested in 2tainment, further showcasing their engagement in the gaming industry. Their clientele primarily consists of tech companies and entrepreneurs, indicating a strong focus on innovation and technology-driven businesses.


13. Sictic

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

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 the growth of startups and the investment community. Among their 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, they have invested in Struckd, a platform that allows users to create and share their own games, further emphasizing their engagement in the game development sector. These transactions highlight SICTIC's commitment to supporting innovative technology, including gaming startups.


14. Cherry Ventures

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

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 their primary focus spans various sectors, including SaaS and mobility, they have made notable investments in the gaming industry. For instance, they 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, they have invested in BlackPool and HOLOGATE, further demonstrating their engagement in the gaming space. These transactions highlight Cherry Ventures' commitment to supporting innovative companies in the gaming sector, making them a relevant player in this industry.


15. Plaion

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

Plaion is an entertainment company based in Planegg, Bavaria, Germany, specializing in the 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 the gaming and entertainment sectors. Notably, Plaion has made significant investments in the game development industry through acquisitions of several studios. In 2020, they acquired Flying Wild Hog for $137.2 million and Vertigo Games for approximately $59 million. Additionally, they 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 the industry.


16. Point Nine

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

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


17. Axel Springer

  • Website: axelspringer.com
  • Type: Corporate
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 1946
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: axel-springer-se

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 the context of game development, Axel Springer has made notable investments, including the acquisition of a majority stake in Gamigo AG in 2008, which is a significant player in the online gaming sector, particularly in Massively Multiplayer Online Games (MMOG). This acquisition was aimed at bolstering their digital strategy and expanding their footprint in the 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 their engagement with the gaming ecosystem beyond traditional media.


18. L1d Ag

  • Website: l1d.com
  • Type: Corporate
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: l1digital

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 the game development sector, including a $2 million venture round for Oxalis Games and a $2 million seed round for Opti Games. Additionally, they 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 their expertise in the broader investment landscape.



Game Development Insights: Key Investors in DACH


InvestorHeadquarterSizeFoundedDeals 2024
THQ NordicVienna, Vienna, Austria501-100020110
MiniclipNeuchâtel, Neuchâtel, Switzerland1001-500020012
Game Seer Venture PartnersAschaffenburg, Bavaria, Germany1-1020191
1kxBerlin, Berlin, Germany11-50201819
Phoenix Games | acquiring and enhancing game studiosKarlsruhe, Baden-Württemberg, Germany201-50020181
TA VenturesFrankfurt, Hesse, Germany11-5020105
Moonrock Capital Verwaltungs GmbHJulbach, Bavaria, Germany1-10202419
Oracles Investment GroupBerlin, Berlin, Germany11-50201710
Possible VenturesMunich, Bavaria, Germany1-1020219
unix gamingZug, Zug, Switzerland11-5020210
FunPlusZug, Zug, Switzerland1001-500020103
bmp VenturesBerlin, Berlin, Germany11-5019973
SicticZurich, Zurich, Switzerland201-500201477
Cherry VenturesBerlin, Berlin, Germany11-50201225
PlaionPlanegg, Bavaria, Germany1001-500019940
Point NineBerlin, Berlin, Germany11-50201116
Axel SpringerBerlin, Berlin, Germany10001+19461
L1d AgZurich, Zurich, Switzerland11-5020185


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