NetEase has provided $50m for game development software producer Improbable in a deal that reportedly doubled its valuation to $2bn.

Internet technology provider NetEase has invested $50m in UK-based game programming technology developer Improbable at a valuation a source told Bloomberg was about $2bn.

Founded in 2012, Improbable has developed a cloud-based software development platform known as SpatialOS that helps programmers create immersive worlds for games and entertainment products at a larger scale than is possible using single-server architecture.

The investment follows a partnership formed between China-based NetEase and Improbable in February this year that will involve the former developing…