Epic Video games has introduced that it raised $2 billion in a funding spherical. The funds got here from two traders, Sony Group Company and Kirkbi, the corporate behind the LEGO franchise. Every of those corporations made a contribution of $1 billion.

Chairman, President, and CEO of Sony Group Company, Kenichiro Yoshida knowledgeable that as a inventive leisure firm, Sony is thrilled to put money into Epic to deepen their relationship within the metaverse area which is an area the place creators and customers share their time.

He stated that he’s assured that Epic’s experience, together with their highly effective sport engine, mixed with Sony’s applied sciences will speed up their numerous efforts corresponding to the event of latest digital fan experiences in sports activities and their digital manufacturing initiatives.

In keeping with an announcement made by Epic, this $2 billion funding will go in the direction of advancing the corporate’s imaginative and prescient to construct the metaverse and help its continued progress.

Epic additionally knowledgeable that the corporate continues to have solely a single class of widespread inventory excellent, and the particular person controlling it’s nonetheless its CEO and founder, Tim Sweeney.

Tim Sweeney, the CEO, and founding father of Epic Video games commented on the scenario by saying that as we reimagine the way forward for leisure and play we want companions who share our imaginative and prescient. In keeping with him, Epic discovered these partnerships with Sony and Kirkbi.

He continued by saying that this funding will speed up the corporate’s work to construct the metaverse and create areas the place gamers can have enjoyable with associates, manufacturers could make inventive and immersive experiences and creators can construct a group and thrive.

Final week, a long-term collaboration between LEGO and Epic was introduced with the goal of growing a children-focused metaverse.