The company behind Fortnite and Unreal Engine was valued in the investment at $15 billion in 2018, when a group of investors bought $1.25 billion of Epic Games’ shares. This is according to Bloomberg, which cites people familiar with the matter.
Recently, Epic has held talks to raise a new round of funding which should value it significantly above the $15 billion, anonymous sources claim. Still another source suggested that Epic is planning to raise between $500 million to $1 billion.
These arrangements, however, are not finalized, so the plans might change.
40% of Epic has been owned by Tencent Holdings since 2012. Among its minority owners are Walt Disney Co. and Endeavor Group Holdings Inc., along with Lightspeed Venture Partners.