NEW YORK, NY - August 7, 2020
On Thursday, August 6, Epic Games announced the closing of a $1.78 billion funding round, which valued the company at $17.3 billion on a post-money basis.
Roundhill SPV 1, LLC, a special purpose vehicle (“SPV”) formed in May of this year, previously purchased common shares in Epic Games, Inc. Roundhill Investments is the manager of the SPV.
Epic Games is best known for Fortnite, one of the world’s most popular online games. The company’s other properties include Unreal Engine, Houseparty, Rocket League and the Epic Games Store. For additional details on the company’s recent funding round, please see the official press release from Epic Games.
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About Roundhill Investments
Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. We create thoughtful investment products designed to help investors express their vision of the future. Roundhill received early-stage funding from renowned venture capital investor BITKRAFT Ventures in 2019, adding founder Jens Hilgers to its Expert Panel. To learn more about the company, please visit roundhillinvestments.com.