Sony and Lego owner Kirkbi each supplied $1bn in funding for the video game publisher and technology provider, valuing it at $31.5bn.

Consumer electronics group Sony joined Kirkbi, the parent company of toy brand Lego, to each invest $1bn in US-headquartered video game producer Epic Games yesterday at a $31.5bn valuation.

Epic is the developer of game franchises including shoot-em-ups Gears of War, Unreal and Fortnite, the battle royale shooter which had generated in excess of $9bn in revenue in its first three years of release and which has just added Marvel characters for its latest season.

All the company’s games make…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.