Sketchfab announces its acquisition by Epic Games

Many congratulations to the Sketchfab team, who today announce their acquisition by EPIC Games

We’re delighted to congratulate the team at Sketchfab, who today announce their acquisition by Epic Games.Balderton first invested in Sketchfab in 2013.Today, Sketchfab is the leading global platform for managing 3D assets. The platform makes it easy to discover, edit, buy, and sell 3D content directly through their web-based service and is home to 4 million 3D assets. Their technology has integrations across every major 3D creation tool and publishing platform and is compatible across all major browsers and operating systems, on both desktop and mobile.By joining forces, Epic and Sketchfab will be able to make 3D, AR and VR content more accessible and grow the creator ecosystem, which are critical to an open and interconnected Metaverse.You can read more about the news on Sketchfab’s blog here.You can read the news on Epic Games’ site here.

One of the joys of working in venture capital is working with passionate and visionary founders and since the moment we met Alban, Cedric and Pierre-Antoine at their seed round it was clear they had that in spades.

James Wise Partner, Balderton

Their unique technology and beautiful 3D viewer has been central to the growth and adoption of 3D assets across web, mobile and VR platforms, and has grown from a handy tool for early adopters and creatives to an essential platform for global enterprises. Combining their platform of tools and 3D assets with Epic games’ global reach is a natural next step for the business, and we couldn’t be more excited to see how these two teams build the future of AR and VR together going forward.

James Wise Partner, Balderton