Sony invests $1 billion into Epic Games

By Sean Carey,
Epic Games has secured $2 billion in funding from Sony and the company behind The Lego Group (Kirkbi) "to advance the company’s vision to build the metaverse and support its continued growth."

Sony 1 billion metaverse epic games

Both Sony and Kirkbi have invested $1 billion each into Epic Games, and according to Epic's announcement, all three companies "aim to create new social entertainment exploring the connection between digital and physical worlds." This is the third time Sony has invested in Epic Games — Sony first invested $250 million back in July 2020 and another $200 million in April 2021.

“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,” said Kenichiro Yoshida, CEO of Sony Group Corporation, “We are also confident that Epic’s expertise, including their powerful game engine, combined with Sony’s technologies, will accelerate our various efforts such as the development of new digital fan experiences in sports and our virtual production initiatives.”

Tim Sweeney, CEO and founder of Epic Games added, "As 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. This 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."

The news comes shortly after Epic Games and The Lego Group announced a partnership to "build a place for kids to play in the metaverse."

Do you have any interest in exploring Epic Games' metaverse, whatever that might be? Give us your thoughts down in the comments.
Sean Carey
Written by Sean Carey
Hey, I’m Sean! I joined both TrueAchievements and TrueTrophies as a staff writer in 2019. I’m a big fan of the Metal Gear Solid series and love a good narrative adventure. Most evenings you’ll find me failing to get a win in Call of Duty: Warzone.