Fortnite developer Epic Games has gained $1.25 billion in funding from seven new investors.

The funding parties include KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins and Lightspeed Venture Partners.

These companies hold interests in a wide range of fields including technology, entertainment, professional sports, esports, and live events.

New investors join big names like Tencent, Disney and Endeavour as minority stake owners in Epic Games, which remains under Epic CEO Tim Sweeney’s control.

It's not completely clear immediately what Epic will use the funds for, though it will likely go toward development of Unreal Engine. There also remains the option for M&A activity if the company is looking to rapidly expand.

This full version of this story originally appeared over on PocketGamer.biz.