Nov 4, 2021
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Devolver Digital Valued at $950 Million, Sony Making 5 Percent Investment

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Devolver Digital

Indie games publisher Devolver Digital has seen a fair amount of success over the years, leading to it being valued at $950 million or £694.6 million. This was confirmed when it floated today on the London Stock Exchange’s AIM sub-market. GamesIndustry.biz also revealed that Sony Interactive Entertainment will be investing five percent into the company.

This is along with a “significant strategy investment from a key industry player” as per European law firm Fieldfisher (which is advising the company). Devolver is working with $50 million gross proceeds to aid in expansion plans while $211 million was included as a secondary cash placing for current investors and management.

CEO Douglas Morin said that, “An IPO is the right…



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