Microsoft unit M12 has exited game developer SuperAwesome in an acquisition of undisclosed size by Epic Games.

Epic Games, a US-based games developer backed by internet group Tencent, has acquired SuperAwesome, a UK-based developer of children’s online technology, for an undisclosed amount.

SuperAwesome secured $17m in funding from investors including software provider Microsoft’s corporate venturing unit, M12, In January this year.

Private equity firm Mayfair Equity Partners, venture capital firm Hoxton Ventures and investment and financial advisory group Ibis Capital also participated in the round together with undisclosed angel investors. The company has raised about $58m…

James Mawson

James Mawson is founder and chief executive of Global Venturing.