Friday, 24 March, 2023

With funding from Sony and Lego, Epic Games is valued at around $32B

<p>Epic Games announced on Monday that it has raised $2B in funding from Sony and Lego, valuing the &quot;Fortnite&quot; creator at $31.5B. &nbsp;Epic said the fundraising was to help promote a metaverse partnership the company had formed with the Lego Group earlier this month. Sony, a previous investor, and the Kirkbi investment firm each put in $1B. Deals are picking up steam in the sector, as tech giants see it as a major source of innovation and revenue.</p>