Friday, 24 March, 2023

Epic Games raises $2B in an effort to build kid-friendly universe

<p>Epic Games, the creator of Fortnite, stated today that it has raised $2 billion in capital from Sony and Kirkbi, the Lego Group&#39;s parent company, with each business spending $1 billion. Epic has a money equity valuation of $31.5 billion as a result of this recent funding round. Epic said the new money will support its attempts to establish a kid-friendly metaverse as well as its future expansion. The news comes a fews days after Epic revealed a partnership with Lego.&nbsp;</p>