The metaverse technology developer has now pushed its overall funding past $750m since emerging out of Cambridge’s Department of Computer Science and Technology.

Improbable, a UK-based metaverse technology developer based on work at University of Cambridge, 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, Improbable is developing technology to facilitate large-scale immersive metaverse environments where significant…

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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.