Epic Games announced it has secured two $1 billion investments from Sony Group Corporation and KIRKBI, the holding and investment company behind The LEGO Group.
The company behind the incredibly popular Fortnite game is now valued at $31.5 billion and will allocate the new capital to scale its Metaverse plans
Announcing a $2 billion funding round with Sony and KIRKBI to build the future of digital entertainment. https://t.co/V0bcFftNkg
— Epic Games Newsroom (@EpicNewsroom) April 11, 2022
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Søren Thorup Sørensen, CEO of KIRKBI, said:
“Epic Games is known for building playful and creative experiences and empowering creators large and small. A proportion of our investments is focused on trends we believe will impact the future world that we and our children will live in. This investment will accelerate our engagement in the world of digital play, and we are pleased to be investing in Epic Games to support their continued growth journey, with a long-term focus toward the future metaverse.”
Tim Sweeney, CEO and founder of Epic, said:
“[The investment will] accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive.”
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Source: Igaming
