6/21/2023 0 Comments Epic fortnite 2b sony lego 31.5b![]() The closing of the investment is subject to customary closing conditions, including regulatory approvals. “This 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.”Įpic's post-money equity valuation is $31.5 billion. We have found this in our partnership with Sony and KIRKBI,” said Tim Sweeney, CEO and Founder, Epic Games. “As we reimagine the future of entertainment and play we need partners who share our vision. As it works to turn a former shopping mall into its new headquarters, Cary-based Epic Games is adding another 2 billion to its coffers, bringing its valuation to 31.5 billion a situation. Japanese giant Sony and Legos Danish parent firm announced Monday a 2 billion investment in US gaming powerhouse Epic Games for its work toward joining the metaverse vision for the internet&39. 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.” ![]() “A proportion of our investments is focused on trends we believe will impact the future world that we and our children will live in. “Epic Games is known for building playful and creative experiences and empowering creators large and small,” said Søren Thorup Sørensen, CEO, KIRKBI. ![]() “We are also confident that Epic’s expertise, including their powerful game engine, combined with Sony’s technologies, will accelerate our various efforts such as the development of new digital fan experiences in sports and our virtual production initiatives.” Epic Games has raised another 2 billion in its latest funding round to build the metaverse and support its continued growth. “As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time.” said Kenichiro Yoshida, Chairman, President and CEO, Sony Group Corporation. Epic Games receives 2B in latest funding round Sony and Lego firm invest Rohan Ap News The Fortnite and Unreal Engine maker aims to build the metaverse. The investment came from tech giant Sony and Kirkbi, the. Epic continues to have only a single class of common stock outstanding and remains controlled by its CEO and founder, Tim Sweeney. Epic Games has raised 2bn to advance its vision of the metaverse, with the Fortnite creator’s valuation rising to 31.5bn. ![]() The company noted that Epic, whose stock is privately held, remains. All three companies highly value both creators and players, and aim to create new social entertainment exploring the connection between digital and physical worlds. Monday’s statement said Epic Games is now valued at 31.5 billion, up another 3 billion from last year’s buy-ins. This round includes investments from existing investor Sony Group Corporation as well as KIRKBI, the family-owned holding and investment company behind The LEGO Group, with each party investing $1 billion respectively. Today Epic Games announced a $2 billion round of funding to advance the company’s vision to build the metaverse and support its continued growth. ![]()
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