Improbable
Venture into new worlds: improbable.io Improbable is a British start-up that has been at the forefront of building virtual worlds for over a decade. We believe that the metaverse is an opportunity for communities, companies and brands to have a positive social and economic impact in the real world. Today, we are initiating new technologies, models and partnerships to venture further into new worlds.
Improbable
Venture into new worlds: improbable.io Improbable is a British start-up that has been at the forefront of building virtual worlds for over a decade. We believe that the metaverse is an opportunity for communities, companies and brands to have a positive social and economic impact in the real world. Today, we are initiating new technologies, models and partnerships to venture further into new worlds.
TL;DR
Founded: 2012
Core focus: Venture builder and technology company building large-scale virtual worlds, metaverse platforms, and frontier ventures (AI, Web3)
Notable tech: SpatialOS; Morpheus
Major investors: SoftBank, Andreessen Horowitz, Horizons Ventures, Temasek
Financial milestone: Reported profitability in 2023: £66m revenue, £11m profit, £185m cash position
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Company Overview
Problem Domain
Large-scale multiplayer simulation, virtual worlds, metaverse infrastructure, and frontier ventures in AI and Web3.
Founded
2012
Industry
Software Development
Tech Stack
Funding Track Record
20,000,000
March 2015 reported $20M investment.
30,000,000
July 2015 reported $30M follow-on round.
502,000,000
May 11, 2017 reported $502M round led by SoftBank.
150,000,000
Company announcement of raising US$150M to establish M² (metaverse network); investors named in the announcement include Nexo Ventures, Saranac Partners, Round13 DAF, and Zinal Growth.
Investor Signal
“Backed by major institutional and strategic investors including SoftBank, Andreessen Horowitz, Horizons Ventures, Temasek; additional participants named for metaverse initiatives include Nexo Ventures, Saranac Partners, Round13 DAF, Zinal Growth; defence business spin-out involved a group led by NOIA Capital.”