Epic Games, the creator of Fortnite and the extremely popular and lucrative Unreal Engine, is looking to raise a lot of money to push its total company value to new heights.
Bloomberg is reporting that Epic Games is "close" to raising $750 million in new venture capital funding that would put the company's total valuation at around $17 billion. That's up from $15 billion.
The new investors reportedly include Baillie Gifford and T. Rowe Price Group Inc. Companies that previously invested, including KKR & Co., will also be part of the new funding round, the report said.
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