{"id":59965,"date":"2022-04-12T11:16:55","date_gmt":"2022-04-12T08:16:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59965"},"modified":"2025-09-05T00:50:35","modified_gmt":"2025-09-04T21:50:35","slug":"epic-games-closes-2-billion-investment-round-to-develop-metaverses","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/epic-games-closes-2-billion-investment-round-to-develop-metaverses\/","title":{"rendered":"Epic Games closes $2 billion investment round to develop metaverses"},"content":{"rendered":"<p>The leading video-game developer Epic Games <a href=\"https:\/\/www.epicgames.com\/site\/en-US\/news\/sony-and-kirkbi-invest-in-epic-games-to-build-the-future-of-digital-entertainment\">closed<\/a> a $2 billion investment round. The funds will go toward metaverse projects.<\/p>\n<p>The round was led by Sony, which provided $1 billion in financing. Another investor was KIRKBI, the owner of LEGO. Together with these companies, Epic Games plans to develop services for gaming in virtual reality.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are rethinking the future of the entertainment industry, and we need partners who can share our vision. Our company has found them in Sony and KIRKBI. Their funding will accelerate our work on building the metaverse and creating spaces where players can enjoy themselves with their friends,&#8221; said Tim Sweeney, CEO and founder of Epic Games.<\/p>\n<\/blockquote>\n<p>Epic Games noted that as a result of the investments, the company\u2019s valuation could rise to $31.5 billion.<\/p>\n<p>A few days earlier, the game developer also <a href=\"https:\/\/www.epicgames.com\/site\/en-US\/news\/the-lego-group-and-epic-games-team-up-to-build-a-place-for-kids-to-play-in-the-metaverse\">announced<\/a> a collaboration with LEGO. Its aim is to make metaverses \u201csafe and fun for children and families\u201d and to provide them with an \u201cimmersive, inspiring and engaging\u201d experience.<\/p>\n<p>By the end of March, Epic Games, together with Microsoft, had raised more than $50 million for humanitarian aid to Ukraine.<\/p>\n<p>Subscribe to ForkLog&#8217;s <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leading video-game developer Epic Games closed a $2 billion investment round. The funds will go toward metaverse projects.<\/p>\n","protected":false},"author":1,"featured_media":59966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1357,1353,1663,1361],"class_list":["post-59965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-epic-games","tag-metaverses","tag-sony","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=59965"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59965\/revisions"}],"predecessor-version":[{"id":59967,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59965\/revisions\/59967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/59966"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=59965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=59965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=59965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}