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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Epic Games Valued at about $32 Bln in Funding from Sony, Lego Firm

The Epic Games logo, maker of the popular video game "Fortnite", is pictured on a screen in this picture illustration August 14, 2020. (Reuters)

Epic Games said on Monday it had raised $2 billion from Sony Group Corp and the family owned holding company behind the Lego Group, valuing the "Fortnite" creator at $31.5 billion.

Sony, an existing investor, and the Kirkbi investment company each invested $1 billion, Epic said, with the fundraising to help advance a metaverse partnership the company had entered into with the Lego Group earlier this month.

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