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…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.