Epic Games CEO Tim Sweeney. Photo credit: Official GDC, under Creative Commons license

Epic Games, the gaming studio best known for creating Fortnite, has announced that it’s raised $1.8 billion in new funding that values it at $17.3 billion post-money. The funding both consisted of primary capital for Epic as well as the purchase of shares from existing shareholders in the company. The $1.8 billion figure includes $250 million in funding that recently came from Sony. Other participants include the likes of BlackRock, Fidelity, Baillie Gifford, Lightspeed Venture Partners, KKR, and hedge fund tycoon David Tepper. Even with the new funding, Epic remains controlled by its founder and CEO, Tim Sweeney.

With the new funding, Epic Games has now raised a total of about $3.4 billion in known outside funding since its inception.