Improbable is a virtual simulation and metaverse infrastructure company founded in 2012 by Peter Lipka, Herman Narula, and Robert Whitehead in London, United Kingdom. The company builds distributed simulation platforms used for multiplayer gaming, digital worlds, defense simulations, and enterprise-scale virtual environments. Improbable focuses on cloud-native simulation tools, interoperability networks, and metaverse ecosystem development. Their technology allows developers to run large-scale concurrent simulations, enabling richer, more immersive online experiences across gaming, virtual events, and defense sectors.
What Is Improbable and What Does It Do?
Improbable, founded in 2012 by Peter Lipka, Herman Narula, and Robert Whitehead, is a London-based virtual simulation and metaverse technology company. It develops cloud-based distributed simulation software that lets developers create, run, and scale complex online worlds.
Improbable employs 634 employees, driving advancements in next-generation multiplayer systems and metaverse platforms.
Improbable’s technology enables large-scale simulations, virtual events, and interoperable digital environments across gaming, defense, and enterprise sectors. Its systems support massive concurrent users and real-time computation for next-gen virtual applications.
How Much Funding Has Improbable Raised?
1. Series D
- Amount Raised: $111M
- Investors: MultiversX
2. Series D
- Amount Raised: $150M
- Investors: Andreessen Horowitz, SoftBank, CMT Association, SIG, Mirana, Digital Currency Group, Ethereal Ventures, CMT Digital
3. Series C
- Amount Raised: $12.2M
Total Funding Raised: $930 Million
Current Valuation: $3.36 Billion (as of Oct 2022)
Latest Funding Date: 2022
Key Investors
1. SoftBank
- Details: A multinational investment firm known for backing frontier technology companies.
- Investment Focus Areas: AI, robotics, telecommunications, metaverse infrastructure.
- Notable Investments: Arm, WeWork, Uber, Improbable.
2. Andreessen Horowitz (a16z)
- Details: A leading Silicon Valley venture capital firm investing in disruptive technologies.
- Investment Focus Areas: Web3, gaming, infrastructure, SaaS.
- Notable Investments: Roblox, Coinbase, OpenAI, Improbable.
3. Digital Currency Group
- Details: A global enterprise that builds and invests in blockchain and digital asset companies.
- Investment Focus Areas: Crypto, blockchain infrastructure, DeFi.
- Notable Investments: Chainalysis, Coinbase, BitGo, Improbable.
Where Is Improbable’s Headquarters?
Improbable is headquartered in London, United Kingdom, a global innovation hub for gaming, cloud computing, and metaverse research. Its London base provides access to top engineering talent and global partnerships across gaming, defense, and enterprise sectors.
What’s Next for Improbable?
Improbable is doubling down on metaverse interoperability, large-scale virtual event platforms, and defense simulation technology. With fresh funding and a strong ecosystem of Web3 and gaming partners, the company aims to build interconnected digital worlds capable of hosting millions of users. Future plans include scaling its M² metaverse network, expanding enterprise simulations, and enhancing real-time multiplayer infrastructure.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Improbable. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.