Do you remember Improbable Worlds, British startup funded by American venture capitalist Andreessen Horowitz, together with Hong Kong’s firm Horizon Ventures, and Singapore’s fund Temasek Holdings, who in March 2013 provided 22 million dollars in a “series A” round?
A 502 million dollars bet
Well: these days Improbable raise 502 million dollars more in around “series B” lead by Japanese SoftBank Group (round involving even the alreaady mentioned venture capitalist). It’s one of the biggest venture capital agreement ever realized in Great Britain and that’s saying a lot about the expectations Improbable raised with its distributed operating system SpatialOS used for building virtual spaces shared on a mass scale.
Breakthrough technology for the gaming industry
Virtual reality technology of Improbable Worlds seems able to revolutionize the gaming industry, but also to help explore disease, to improve cities, to understand economies and to solve complex problems. SoftBank beyond betting on the new likely “unicorn” is also closing Vision Fund, a 100 billion dollars fund investing in innovative startups already subscribed by Apple and Saudi Arabia.
A founders meeting promoted the agreement
As revealed Bloomberg, operation was born from a meeting between Herman Narula, Improbable Worlds co-founder and Ceo, and SoftBank founder and Ceo, Masayoshi Son, who is trying to establish SoftBank (which traditionally invested in telecommunications and gaming in Japan) as a frontrunner investor in emerging technologies.
SoftBank will help Improbable grow
Improbable for its part was looking for an investor that could provide enough capital to continue to grow (Improbable is planning to hire more people on London and San Francisco) without having to sell out to some global tech giant, has appened to many European startups that in recent years have been acquired by US tech giant (for instance: Sweden company Mojang, developer of Minecraft, bought in 2014 by Microsoft for 2.5 billion dollars).
Surely we will hear more about Improbable Worlds, therefore if you wanna know how the story ends continue to follow Mondivirtuali.it, even through our account on Twitter and our fanpage on Facebook (but remember: Mondivirtuali is also on Flickr, on Pinterest, on Scoop.it, on Paper.li and also on Youtube).