Fornite Studio Could Be Valued Above $15 Billion After New Investment

The developer of Fortnite is looking to raise even more money that would push the company to a total valuation of beyond $15 billion. This is according to sources speaking to Bloomberg, who noted that Epic Games has spoken with a variety of venture capital firms about raising the money.

The site reported that Epic has retained a financial adviser to process the fundraising, which is said to be in the area of between $500 million and $1 billion. With this new cash injection, Epic Games would exceed its current reported valuation of around $15 billion.

Continue Reading at GameSpot