Axiomatic was among the new investors in Epic Games, developer of the hugely popular Fortnite, which is now valued at almost $15bn.
Epic Games, the privately held US-based game developer whose properties include Fortnite, raised approximately $1.25bn in funding on Friday from investors including eSports team owner Axiomatic.
Smash Ventures, investment firm KKR, multi-family office Iconiq Capital, private equity firm Vulcan Capital and venture capital firms Kleiner Perkins and Lightspeed Venture Partners also participated in the round.
The transaction valued Epic at almost $15bn, people familiar with the matter told the Wall Street Journal, adding that some existing shareholders sold stock through…
