13 Apr Epic Games Closes $1B Financing Round, Sony Increases Investment to $450M
Fortnite developer Epic Games announced that it has completed a $1B USD financing round bringing the company’s equity valuation to $28.7B. Its latest investment round includes an additional $200M strategic investment from Sony Group Corporation. Following the financing round, Epic Games’ CEO Tim Sweeney remains the controlling shareholder of the company. Further investors that participated in the...