Best Gaming Startups to Follow
Every year, new startups pull to the forefront of their industry through exciting innovation, tech, and industry-disrupting business models. We’ve rounded up the most exciting gaming startups of 2023 that startup-lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. Epik Prime
- Location: Singapore
- Funding: Undisclosed
In-game digital items have become an integral part of the gaming industry, and with the growing popularity of NFTs, in-game digital items are now poised to become even more prominent. Capitalizing on this growing trend, Epik Prime is a company that currently works with over 250 video game companies to help them develop digital items. Collaborations include companies such as Capcom, Universal, and Ultraman.
2. One More Multiverse
- Location: Cambridge, Massachusetts
- Funding: Series A, $17.5 Million
Founded in 2019, One More Multiverse is a company that enables customers to design their own role-playing video games, complete with custom characters, settings, and storylines. One More Multiverse is currently running on a closed beta, but the company plans to make the platform public by mid-2022. Last June, One More Multiverse also announced a partnership with Marvel Studios to create a Marvel Multiverse Role-Playing Game.
3. 1047 Games
- Location: Zephyr Cove, Nevada
- Funding: Series Unknown, $116.5 Million
1047 Games is a startup company that has released a new first-person shooter game called Splitgate — a game that puts a new twist on the first-person shooter genre by introducing the ability for players to travel via portals. The game was launched on July 27th and is free to download and play, leveraging the "freemium" model made popular by games such as Fortnite and Call of Duty: Warzone.
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4. Chaos Karts
- Location: London, United Kingdom
- Funding: Seed, $766,000
Founded in 2019, Chaos Karts is a company that combines go-karts and augmented reality to provide its customers with a truly unique and modern go-kart experience. The result is a little like Mario Kart in real life, with players able to pick augmented reality "powerups" along the track to boost their speed, slow down other drivers, and more. While Chaos Karts currently only has one location in London, the company has plans to expand the business to additional locations in the future.
5. Twin Suns
- Location: Seattle, Washington
- Funding: Seed, $3.9 Million
Founded in 2020, Twin Suns is a relatively new entrance to the game development space. However, it's the people behind the company that have really generated a lot of buzz. The former executive producer of Hitman, the former creative director for Halo, and a former developer for Gears of War are just a few of the video game industry veterans that are currently leading Twin Suns, and the company plans to develop a range of AAA-rated titles for both console and PC.
Discover more top startups in Seattle.
- Location: Napoli, Italy
- Funding: Seed, €1.3M
2Watch is a streaming platform for video game streamers similar to other streaming services such as Twitch. In addition to serving as a streaming platform, 2Watch also organizes and hosts competitive tournaments for a variety of multiplayer games.
- Location: Tigard, Oregon
- Funding: Seed, $1.3 Million
If Gameway's plans come to fruition, airport layovers will become much more entertaining. Founded in 2018, Gameway plans to install video game lounges in airports across the country. Right now, Gameway operates video game lounges in two terminals at the DFW airport and one terminal at LAX.
- Location: Tokyo, Japan
- Funding: Equity Crowdfunding, ¥2.5M
MyDearest is a video game development company that focuses solely on producing VR games. While the VR gaming market is relatively new and still quite small compared to traditional video games, it is a market that is expected to explode as VR technology improves and game developers have time to come up with unique and interesting titles. By only focusing on VR game development, MyDearest hopes to play a key role in bringing VR gaming into the mainstream.
- Location: Paris, France
- Funding: Series Unknown, €10M
It's well-known that gamification is one of the best ways to make learning more engaging and enjoyable for students. Capitalizing on this concept, PowerZ is a company that has developed an educational video game designed to teach students ages six through twelve topics such as math, language, and critical thinking skills. The video game even features AI that can automatically adjust the game's difficulty based on the performance of the student playing it.
Recommended: Check out our full list of the top startups to watch!