(Reuters) - Epic Games, the creator of the popular video game "Fortnite", is close to raising a $750 million round of funding at a valuation of about $17 billion, Bloomberg News reported on Monday, citing people familiar with the matter.
New investors T. Rowe Price Group Inc (O:TROW) and Baillie Gifford will contribute to the round, while existing investors including KKR & Co Inc (N:KKR) will also participate, the report added Bloomberg.
The company had received $1.25 billion in funding from investors, including KKR & Co, in 2018.
Epic Games declined to comment on the report.