SA国际传媒

No one wants to be left behind in the metaverse.

Two more big companies tossed their hats鈥攐r at least dollars鈥攊nto the metaverse ring on Monday, as North Carolina-based announced a $2 billion investment that values it at $31.5 billion.

Epic said the new funding will 鈥渁dvance the company鈥檚 vision to build the metaverse and support its continued growth.鈥�

Under terms of the agreement, both and 鈥攖he family-owned holding and investment company behind 鈥攅ach invest $1 billion. Just last week, Epic and Lego a partnership in developing a 鈥渇amily-friendly鈥� metaverse for kids.

鈥淎s we reimagine the future of entertainment and play we need partners who share our vision. We have found this in our partnership with Sony and KIRKBI,鈥� , Epic Games鈥� CEO and founder, said in a . 鈥淭his investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive.鈥�

Founded in 1991, Epic is the creator of the Fortnite game. The company has raised more than $7 billion to date, according to SA国际传媒 data.

The closing of the deal is subject to customary closing conditions, including regulatory approvals.

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