LEGO’s makes $2BN metaverse investment with Fortnite makers

Published

2 years ago

April 12, 2022

Everyone’s favourite line of plastic construction toys is making a major investment in the metaverse

Sony and Kirkbi are investing $2 billion in Fortnite maker Epic Games.

Sony will inject $1 billion in the company and the family owned investment company behind Lego, will invest an equal amount.

If this massive deal closes, it would value Epic at over $31 billion dollars

This all comes after Epic and Lego announced plans to make a “family-friendly” metaverse for kids.

Lego already has a successful line of video games based on popular family friendly franchises, like Disney’s Star Wars and Warner Bros.′ Batman.

Epic Games is a video game powerhouse and CEO Tim Sweeney says the fresh funds would help the company “accelerate our work to build the metaverse.”

Related Topics:Business fortnite lego Tech trending

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