US video game giant swoops for Cubic Motion
Fortnite maker Epic Games has acquired facial mapping start-up Cubic Motion.
The US video game giant also developed the Unreal Engine which powers the world’s top video games.
NorthEdge Capital has exited the Manchester-based firm after investing in September 2017 to help Cubic Motion expand into US markets with a permanent presence in Los Angeles and transition into new headquarters at Manchester Science Park.
Cubic Motion’s tech was used in Insomniac Games’ recent Spider-Man game.
Cubic Motion CEO Dr. Gareth Edwards, said: “Following our highly successful partnership with NorthEdge, we are delighted to be joining Epic Games and look forward with excitement to this next chapter in our story.”
Based in North Carolina, Epic is worth an estimated $15 billion following the incredible success of Fortnite and Unreal.
George Potts, Investment Director at NorthEdge Capital, said: “In concluding our second exit from NorthEdge Capital Fund II, we are excited to see Cubic’s Manchester-born intellectual property and world-leading team join forces with Epic’s Unreal Engine Team.
“Cubic’s journey will continue, and we’re proud to have supported the team and played our part in their success to date.”