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Epic Games raises $1.25 bn from KKR, others

Share Source By

Dion Global

29 Oct 2018

Epic Games announced that it has received an investment of approximately USD 1.25 billion from KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners.

This investment will be used to create powerful partnerships with highly strategic investment firms and individuals at the forefront of technology, entertainment, professional sports, esports, and live events.

These investors join Tencent, Disney and Endeavor as minority shareholders in Epic, which continues to be controlled by founder and CEO, Tim Sweeney.