Total amount raised
$7.9 Billion
Latest funding date
5/1/2024
Location
Epic Games has successfully raised funds through 13 different funding rounds, attracting a diverse group of 52 investors. The most recent funding round is categorized as "Venture - Series Unknown," with investors like Ventioneers and The Ultima Ventures backing the company.
Epic Games has also made 34 investments and acquired 20 organizations, showcasing its active role in the industry. Keep reading to explore the intricacies of Epic Games' fundraising journey and the investors backing this influential company.
What Is Epic Games?
Epic Games, headquartered in Cary, North Carolina, is a prominent player in the interactive entertainment industry. The company operates in various sectors, including gaming, software, and the metaverse, and has a substantial workforce of 1001-5000 employees.
Known for developing popular games like "Fortnite" and "Rocket League," Epic Games also offers its game engine technology to other developers. The company provides a digital storefront, the Epic Games Store, where users can purchase and download a wide variety of games.
How Much Funding Has Epic Games Raised?
- Round Name: Series Unknown
- Amount Raised: USD 1,530,000,000
- Date: August 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the company's gaming and software capabilities.
- Round Name: Corporate Round
- Amount Raised: USD 250,000,000
- Date: July 2020
- Lead Investors: Sony
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen the partnership with Sony and enhance gaming technology.
- Round Name: Series Unknown
- Amount Raised: USD 1,000,000,000
- Date: April 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the development of new gaming projects and technologies.
- Round Name: Secondary Market
- Amount Raised: Not publicly disclosed
- Date: August 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Round Name: Series Unknown
- Amount Raised: USD 2,000,000,000
- Date: April 2022
- Lead Investors: KIRKBI, Sony
- Valuation at Round: USD 31,500,000,000
- Motivation Behind the Round: To expand the company's metaverse initiatives and gaming projects.
- Round Name: Secondary Market
- Amount Raised: Not publicly disclosed
- Date: August 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Round Name: Corporate Round
- Amount Raised: USD 1,500,000,000
- Date: February 2024
- Lead Investors: The Walt Disney Company
- Valuation at Round: USD 22,500,000,000
- Motivation Behind the Round: To create a "huge Disney universe" within Epic Games' platforms.
- Round Name: Secondary Market
- Amount Raised: Not publicly disclosed
- Date: February 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders.
- Round Name: Series Unknown
- Amount Raised: Not publicly disclosed
- Date: June 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing projects and future expansions.
Total Amount Raised: USD 6,280,000,000. Current Valuation: USD 22,500,000,000.
Key Investors
- Ventioneers
- Details: Ventioneers is a venture capital firm known for investing in early-stage technology companies. They focus on providing strategic support and capital to innovative startups.
- Investment Focus Areas: Technology, software, startups
- Notable Investments: Not publicly disclosed
- The Ultima Ventures
- Details: The Ultima Ventures is an investment firm that specializes in funding high-growth companies in various sectors. They aim to support businesses with strong potential for market disruption.
- Investment Focus Areas: Technology, healthcare, consumer goods
- Notable Investments: Not publicly disclosed
- The Walt Disney Company
- Details: Disney is a global entertainment conglomerate known for its movies, theme parks, and media networks. The company has a significant presence in the entertainment industry.
- Investment Focus Areas: Entertainment, media, theme parks
- Notable Investments: Pixar, Marvel, Lucasfilm
- KIRKBI
- Details: KIRKBI is the family-owned holding company behind the Lego Group. They focus on long-term investments that align with their values and business philosophy.
- Investment Focus Areas: Toys, entertainment, educational products
- Notable Investments: Lego, Merlin Entertainments
- Sony
- Details: Sony is a multinational conglomerate known for its electronics, gaming, and entertainment products. The company has a diverse portfolio spanning various industries.
- Investment Focus Areas: Electronics, gaming, entertainment
- Notable Investments: PlayStation, Sony Pictures, Sony Music
What's Next for Epic Games?
Epic Games stands on the brink of a transformative era, driven by its recent partnership with Disney. This collaboration promises to create a vast "Disney universe" within Epic's platforms, integrating beloved characters and stories from Disney, Pixar, Marvel, Star Wars, and Avatar. This opportunity could significantly expand Epic's user base and engagement, offering new interactive experiences that blend gaming with iconic entertainment franchises.
With Disney's $1.5 billion investment valuing Epic Games at $22.5 billion, the company is well-positioned for future fundraising. The involvement of major mutual funds like Fidelity and Blackrock suggests strong potential for additional investments. However, the sharp drop in valuation from $31.5 billion to $22.5 billion highlights potential financial challenges. Successfully integrating Disney's vast array of franchises will be complex and resource-intensive, but the rewards could be substantial if managed effectively.
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