Epic probably chose this moment to announce the next obtained funds not by accident. The company has just opened the secret of Unreal Engine 5, a new version of its engine, with the use of which it is to be created, among others a new AAA game from the Witcher universe. If you have a good memory, you may know that Sony has already invested in Epica twice. In 2020, the amount is $ 250 million, and a year later - $ 200 million.
This time, the company went all the way and in one fell swoop put on the table more than twice as much as before. Both the president of both companies referred to the metaverse in their statements related to this investment. That is, strongly promoted by, among others Facebook's virtual ecosystem, which is ultimately to resemble technology straight from Ready Player One.
We're excited to invest in Epica to deepen our relationship with the metaverse, a space where creators and users share their time. KENICHIRO YOSHIDA, SONY PRESIDENT AND CEO
This investment will accelerate our work of building a metaverse and creating spaces where players can play with friends, brands can create creative and engaging experiences, and creators build a community and grow. TIM SWEENEY, EPICA CEO
Full story here