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Epic Funding And Epic Future!

Epic Games is now valued at $17.3 billion after concluding an epic funding deal of $1.78 billion. This investment came in the form of primary capital as well as secondary purchases. To put it simply, some investors bought new shares while others bought shares from existing shareholders.  Epic Games disclosed that the investment also included a strategic investment of $250 million from Sony, which was announced last month.

The investors that bought into the company are; Fidelity, fund, and accounts managed by BlackRock, Baillie Gifford, Light Speed Venture Partners, the Ontario Teacher’s Pension Plan Board, and Hedge fund manager David Tepper among others. Some of the existing backers also increased their holdings.

Epic Games founder and CEO Tim Sweeney was delighted to have the support of leaders of the financial community and welcomed them as part of the Epic family.

In the multi-billion dollar gaming industry, Epic Games is now a force to be reckoned with thanks to the sustained popularity of Fortnite. The number of active players in Fortnite has now reached 350 million, a top revenue driver for the company despite its free to play model. The in-game purchases and payments for cosmetic items like skins are the only method that involves direct money.

Besides Fortnite’s game, the company also owns and is famous for its Unreal Engine which is being used by many top developers. Moreover, the company also competes with Valve’s Steam by running an online gaming store.

Epic Games was worth $15 billion in 2018 and if we compare its current status its $17.3 billion accounts for a 15% rise in its valuation. With such a huge revenue, it is still unclear whether the company has any plans to further expand and go public.


Reinout is a games investor and strategic business consultant specializing in the games industryReinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry.

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Inside Gaming News 24/7 – Reinout te Brake – Logo – Best Video Gaming News 2021Epic funding

With over 20+ years of experience, well known publishers, AAA+ game developers, serial gaming entrepreneurs and management teams of gaming corporations consult him on matters that behold financial, technical, operational, strategic and commercial.

I am observing and overseeing several boards of gaming companies. My trademark is to listen, strategize and give feedback to the stakeholders involved. I also represent management/founders towards shareholders and vice versa.

Reinout te Brake

In a career spanning across 20+ years, Reinout te Brake has raised over 100+ Million Euros in Fundraising for a diversity of companies and has worked with several venture capitals firms. Helping gaming companies expand their brand reach, get the right story telling and make an impact on a global scale. Reinout te Brake has had the honor to counsel some of the major gaming companies operating on a global scale. For the last 12 years, he has devoted his major focus towards the niche of gaming consultancy to provide his insight and expertise to help gaming companies reach outstanding financial and business results.