What is Improbable?
Improbable is at the forefront of developing immersive metaverse experiences designed to enrich lives through new economic, social, and cultural opportunities. Their technology infrastructure and expertise empower businesses and individuals to create, experiment with, and participate in sophisticated online environments. These experiences extend the potential of multiplayer games, live events, entertainment, and social spaces, positioning Improbable as a key partner for metaverse development.
How much funding has Improbable raised?
Improbable has raised a total of $854.1M across 6 funding rounds:
Private Equity
$22.1M
Series A
$30M
Series B
$502M
Unspecified
$50M
Unspecified
$150M
Other Financing Round
$100M
Private Equity (2015): $22.1M with participation from Andreessen Horowitz
Series A (2015): $30M led by Horizons Ventures and Temasek
Series B (2017): $502M supported by SoftBank and Andreessen Horowitz
Unspecified (2018): $50M featuring NetEase
Unspecified (2022): $150M backed by Mirana, Andreessen Horowitz, SoftBank Vision Fund 2, and DCG
Other Financing Round (2022): $100M with participation from Elrond
Key Investors in Improbable
SoftBank
SoftBank is a multinational conglomerate holding company that invests in technology companies.
Andreessen Horowitz
Andreessen Horowitz is a venture capital firm known for investing in early-stage and growth-stage technology companies.
NetEase
NetEase is a Chinese internet technology company that provides online services, including gaming and content.
What's next for Improbable?
With significant capital backing, Improbable is poised for accelerated growth and innovation in the metaverse sector. The recent strategic investment suggests a focus on expanding its technological capabilities and market reach. Future developments will likely involve further enhancing the infrastructure for complex virtual worlds, fostering greater economic participation within these spaces, and solidifying its position as a leader in enabling rich, interconnected digital experiences.
See full Improbable company page
