Epic Games Secure Massive Funding Investment for Future Projects.

Epic Games Secure Massive Investment to improve future developments as Leading Publisher and Developer.

Epic Games Secure Future Investments

It’s without a doubt that Fortnite is one of the biggest games currently at this moment. Being Rivaled by only the likes of games such as Black Ops 4 and Red Dead Redemption 2. However Epic Games Has got a Very important announcement to make.

Epic Games Publisher and Developer of Games like Gears of War and Fortnite have revealed they have sourced 1.2 Billion in funding for future developments and projects. This will pave the way for newer and much more durable titles within the future.


News From The Source.

The Fortnite developer and publisher’s new strategic investment partners include KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners. They join Tencent, Disney, and Endeavour as minority shareholders in Epic.

Epic hopes the investment will create “powerful partnerships with highly strategic investment firms and individuals at the forefront of technology, entertainment, professional sports, esports, and live events”. While Epic has yet to expand on how the investment will be used, CEO Tim Sweeney said he hopes it will “reinforce its position of leadership in real-time 3D technology”.

“We’re excited to partner with the finest minds in the financial, sports, and entertainment communities,” said Sweeney. “This reinforces Epic’s position of leadership in real-time 3D technology, and accelerates our ability to improve the way people play, work, and interact with the world.”

“Epic Games has fundamentally changed the model for interactive entertainment under the company’s visionary leadership,” added KKR’s Ted Oberwager. “Alongside a special group of investors, we are thrilled to support Epic’s dedicated employees and the passionate community of players and developers that lies at the heart of everything that Epic Games does.”SOURCE : MCVUK




Conclusion

We have no idea how Epic Games plans to use the funding. However we’re hoping for continued Support into the Fortnite Project as well as a push at promoting new IP’s and individual unique games.