Yesterday, the developers of Unreal Engine and Fortnite announced the seventh round of funding. Thanks to the deal, the company’s price increased to a fabulous $17.3 billion.
According to Epic Games, the round includes $ 250 million, the transfer of which from Sony became known last month.
In addition to Sony, BlackRock, T. Rowe Price Associates, Baillie Gifford, Fidelity Management have invested in the company & Research Company, Lightspeed Venture Partners, Ontario Teachers’ Pension Plan Board, KKR, Smash Ventures and David Tepper.
After the current investment, Epic Games entered the top 5 technology startups in the USA.
Since April, the media has been leaking about the company’s plans to raise a large amount. Initially, it was about the amount of $ 500 million to $ 1 billion, later – about $ 750 million.
The $1.78 billion investment received yesterday was the largest fundraising for Americans since 2018 ($1.25 billion).
Also on the topic:
- Media: Epic Games is going to raise up to $ 1 billion. The valuation of the entire company will be above $15 billionEpic Games is going to raise $750 million from the estimated value of the entire company at $17 billion
- Sony acquired 1.4% of Epic Games.
- The deal cost $250 millionIs there any news?
Share it with us, write to firstname.lastname@example.org