Sony is investing $1billion into Epic Games to further the metaverse

Epic Games has announced that it is receiving $2billion in funding from both Sony and Kirkbi, the holding and investment company of The Lego Group.

Announced on the Epic Games blog, the Fortnite and Unreal Engine developer revealed that Sony and Kirkbi would be investing $1billion respectively into the company. In the post, Epic Games wrote that the three companies “aim to create new social entertainment exploring the connection between digital and physical worlds.”

As well as this, Sony CEO Kenichiro Yoshida said “As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time.

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