#Epic fortnite 2b sony kirkbi lego full#

Last week, Epic said it’s making a 'digital experience for kids of all ages” with Lego. Epic last raised cash in May of last year at a 28.7 billion valuation.

'All three companies highly value both creators and players, and aim to create new social entertainment exploring the connection between digital and physical worlds,” according to the statement. Sony and KIRKBI will each contribute 1 billion in the round, which values Epic at 31.5 billion. 1 min read Epic Games has raised 2 billion from Lego owner Kirkbi Invest and Sony as.Sony, which works with Epic on the PlayStation and already owned a stake in the company, and Kirkbi, the family-owned holdings company behind the Lego toy brand, each invested $1 billion in the deal. Sony, Lego invest 2B in Fortnite maker Epic Games Pitchbook Apat 1:00 AM

The video game maker, among the five most valuable startups in the U.S., is currently waging a costly legal battle with Apple Inc. The company’s valuation about a year ago was $28.7 billion. Headquartered in Cary, N.C. Sony and Kirkbi will each invest 1 billion in Epic. and Kirkbi, the family-owned company behind The Lego Group. The deal, which is subject to customary closing conditions, would. By Tatiana Walk-Morris Dive Brief: After a 1 billion funding round last year, Fortnite creator Epic Games has raised 2 billion from Sony Group Corporation and Kirkbi, the investment. Epic Games, creators of the wildly popular video game Fortnite, just got a 2 billion investment from legacy entertainment giants Sony Group Corp. Days after Lego and Epic Games announced their partnership to build a family-friendly metaverse, the toy company’s parent KIRKBI invested 1 billion into Epic for. The City of Fawn Creek is located in the State of Kansas. and the owner of the Lego Group invested $2 billion in Epic Games Inc., the maker of Fortnite.Įpic is valued at $31.5 billion after the investment, the Cary, North Carolina-based company said Monday in a statement. Sony and Kirkbi, the family owned investment firm behind Lego, are investing 2 billion in Fortnite maker Epic Games. Lego and Sony Invest 2 Billion into Epic Games for Metaverse Epic Games is more than just Fortnite, and the video game company took a large step towards proving it this week. Both companies are now working on a safe and immersive metaverse space for children.Sony Group Corp. The latest funding, which brings Epic’s valuation to $31.5 billion, comes in the wake of the recently announced partnership between the Fortnite maker and LEGO. Gaming Sony, Lego invest 2B in 'Fortnite' maker Epic Games By James Thorne ApEpic Games has raised 2 billion from Lego owner Kirkbi Invest and Sony as the trio eyes opportunities to build virtual experiences that will lay groundwork for the metaverse. Sony has already invested a total of $1.45 billion in Epic Games, including $250 million in August 2020 and $200 million in April 2021. The North Carolina-based developer, known best for the hit game Fortnite, released a statement regarding the investment.

“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, ” Sweeney said. Sony and KIRKBI have each invested 1B in Epic Games to advance the company’s vision to build the metaverse and support its continued growth.

#Epic fortnite 2b sony kirkbi lego full#

Epic Games will continue to have only a single class of common stock and will remain in full control of its CEO Tim Sweeney.Īccording to Sony president and CEO Kenichiro Yoshida, Epic’s expertise 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.” Both Sony and KIRKBI, a holding company behind The LEGO Group, invested $1 billion respectively.