SoftBank Vision Fund 2 co-led a $150m round to allow the metaverse technology developer to push its overall funding past $750m.

UK-based metaverse technology developer Improbable has secured $150m in a funding round co-led by internet and telecommunications group SoftBank’s Vision Fund 2.

Venture capital firm Andreessen Horowitz co-led the round, which also featured quantitative trading firm Susquehanna International Group, Mirana, Digital Currency Group and Ethereal Ventures.

Founded in 2012 as a University of Cambridge spinout, Improbable is developing technology to facilitate large-scale immersive metaverse environments where significant numbers of players can inhabit the same space at the same time.

The…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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