![]() ![]() The ownership is shared among Tim Sweeney, Tencent, and various private stakeholders. In summary, Epic Games, known for Fortnite and Unreal Engine, remains privately held with no imminent IPO plans. The freshly acquired funds will contribute to bolstering a metaverse partnership that Epic Games recently initiated with the Lego Group, an endeavor that places the gaming company at the forefront of this rapidly developing digital frontier. This round of funding featured significant investments of $1 billion each from Sony, a recurrent investor, and the Kirkbi investment company. Other key stakeholders include private equity firms KKR & Co., Smash Ventures, and a group of investors consisting of BlackRock, Fidelity, Baillie Gifford, Lightspeed Venture Partners, and others who participated in Epic Games' funding rounds.Īs of April 11, Epic Games confirmed that it had raised an additional $2 billion from Sony Group Corp and the family-owned holding company behind the Lego Group, effectively bringing the valuation of the "Fortnite" creator to a stunning $31.5 billion. The most prominent among these is Tencent, a leading Chinese technology conglomerate, which purchased a 40% stake in Epic Games in 2012, becoming a substantial minority shareholder. ![]() ![]() While there is the possibility of an IPO in the future, their current status enables them to focus on expanding their user base and advancing their technology, without the oversight and pressure often associated with public investors.Įpic Games is primarily owned (over 50%) by its founder, Tim Sweeney, and several other private stakeholders. Its exceptional position in the video gaming and software industry, offering creators and developers a platform to innovate and monetize their work, has drawn substantial intrigue.ĭespite speculation within the industry, Epic Games remains a privately held company, having successfully raised $6.4 billion in funding. As of now, Epic Games has not declared any definitive plans for an Initial Public Offering (IPO). ![]()
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