The $250m investment made by Sony in July was rolled into the Fortnite developer's latest round, which valued it at $17.3bn post-money.

US-based video game developer Epic Games confirmed $1.78bn in primary and secondary funding yesterday that included a $250m investment by consumer electronics producer Sony last month, valuing it at $17.3bn post-money.

The round also featured investment and financial services group Fidelity, Baillie Gifford, Lightspeed Venture Partners, Ontario Teachers’ Pension Plan Board, KKR, Smash Ventures, private investor David Tepper and funds and accounts managed by both BlackRock and T. Rowe Price.

Epic is best known for multiplayer first-person shooting games…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.