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‘Fortnite’ Maker Epic Games Raises $1B in Funding, Including $200M More From Sony

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variety.com
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Todd Spangler NY Digital EditorEpic Games, the company behind global smash hit “Fortnite,” announced that it completed a $1 billion round of funding — giving it a whopping equity valuation of $28.7 billion.The round includes an additional $200 million investment from Sony, which pumped $250 million into Epic last year.

The upped investment from Sony “builds on the already close relationship between the two companies and reinforces their shared mission to advance the state of the art in technology, entertainment, and socially connected online services,” Epic said in a statement.Other investors in the latest round include Appaloosa, Baillie Gifford, Fidelity Management & Research Co., GIC, funds and accounts advised by T.

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