Gaming acquisitions and investments continued in Q1 despite coronavirus

More than $700 million was invested in game startups in the first quarter, though that amount is down from the year-earlier period, according to data collected by Sergei Evdokimov, investment associate at Mail.ru Games Ventures.It was a big dip, but it’s not bad for a quarter with so much turmoil. In an email to GamesBeat, Evdokimov said we shouldn’t panic about it because lots of game investments never disclose the amounts raised. The public data is very spotty, and this number shows us a lot of activity in Q1, even though the coronavirus triggered lockdowns and stock market crashes in March. The data on games is very spotty, but it’s all we have to go on. We’ll see data from other sources, but, for now, let’s take a look at what Evdokimov has collected.