Epic Games will use $2 billion from Sony and LEGO_Group to develop novel metaverse play. (Reporting via Ornella_Hdz)
a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is still subject to customary regulatory approvals, would bring Epic's equity valuation to $31.5 billion.
This round includes a respective $1 billion investment from existing investor Sony Group Corporation and from KIRKBI, the holding company behind the LEGO Group. Sony, the company behind PlayStation consoles, alsoAccording to a statement, the three partners plan to combine expertise and technologies to influence the future of entertainment and digital play by developing new virtual production initiatives and digital fan experiences in sports and gaming.
Announcing a $2 billion funding round with Sony and KIRKBI to build the future of digital entertainment.
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