Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
May 16, 2021
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Epic nets $1 billion in funding, including $200 million investment from Sony

Epic nets $1 billion in funding, including $200 million investment from Sony

April 13, 2021 | By Chris Kerr




Epic Games has secured $1 billion in funding to support its "long-term vision for the metaverse."

Notably, the round places Epic's equity valuation at $28.7 billion and includes a $200 million strategic investment from Sony, which last year purchased a minority stake in the Fortnite developer for $250 million

Epic founder and CEO Tim Sweeney said the cash will allow the company to "accelerate" its work around creating social experiences in Fortnite, Rocket League, and Fall Guys, while continuing to expand the Epic Games Store, Unreal Engine, and Epic Online Services. 

That sentiment was echoed by Sony chairman, president, and CEO Kenichiro Yoshida, who said the PlayStation maker was excited to strengthen its collaboration with Epic with a view to bringing "new entertainment experiences to people around the world."

The news comes as Epic prepares to duke it out with Apple in court over the iPhone maker's decision to remove Fortnite from the App Store. The two companies are due to head to trial on May 3, and recently submitted court documents that show the eye-watering cost of running the Epic Games Store.



Related Jobs

Hinterland Studio Inc.
Hinterland Studio Inc. — Vancouver, British Columbia, Canada
[05.14.21]

Director of Platform & Publishing
Hinterland Studio Inc.
Hinterland Studio Inc. — Vancouver/Victoria, British Columbia, Canada
[05.14.21]

Director of Community
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[05.14.21]

Senior Systems Designer
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[05.14.21]

Senior Games Writer









Loading Comments

loader image