Startup News: Video game maker Epic Games gains much from deal with Disney
Much has been made of how Disney’s recently announced $1.5 billion stake in privately-held Epic Games will help the House of Mouse expand its brand into video games.
epicgames.comConsumer & Lifestyle / GamingFounded: 1991Funding to Date: $15.35B
Epic Games, founded in 1991 by Tim Sweeney, is an interactive entertainment company that specializes in the development and distribution of video games, as well as the provision of 3D engine technology. Epic Games has developed and published games such as Fortnite, Gears of War, and Unreal Tournament. In addition to its gaming activities, the company also provides 3D engine technology, with its flagship product, Unreal Engine. Epic Games is headquartered in Cary, North Carolina.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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02/08/2024 | Disney Round | $1.5B | $xx.xx | $17B | ||
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$xx.xx
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04/15/2022 | 7th Round | $2B | $xx.xx | $31.5B | ||
Price per Share
$xx.xx
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1.0x
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04/14/2021 | 5th Round | $1B | $xx.xx | $28.7B | ||
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$xx.xx
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1.0x
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08/06/2020 | 3rd Round | $1.78B | $xx.xx | $17.3B | ||
Price per Share
$xx.xx
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1.0x
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10/26/2018 | 1st Round | $1.25B | $xx.xx | $15B | ||
Price per Share
$xx.xx
Shares Outstanding
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Liquidation Pref As Multiplier
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
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Much has been made of how Disney’s recently announced $1.5 billion stake in privately-held Epic Games will help the House of Mouse expand its brand into video games.