Improbable

Valuation $11B

About Improbable

Improbable is a technology company that provides a metaverse platform designed to offer virtual gaming experiences.
Headquarters Improbable, London
Founded 2012-01-01
Industry Gamification, Gaming, Information Technology, Metaverse, Software, Virtual World
Last Funding Type Series Unknown
Valuation 11
Total Funding $704.03 million dollars
IPO Status Private

Financial

Improbable may be growing as indicated by the sale of its gaming venture for $97 million, which suggests a significant cash inflow. The acquisition of Improbable's Multiplayer Group studio by Keywords also supports this, with the transaction valued at $97.1 million or £76.5 million, depending on the source. Furthermore, the repeated mention of the sale across multiple news outlets, including CNBC, VentureBeat, GamesIndustry.biz, UKTech.news, and Business Cloud, underscores the financial magnitude and relevance of this deal within the industry.
Improbable is focused on enhancing virtual gaming experiences through innovative technologies. They are developing a network protocol for view replication over unreliable networks, ensuring consistent view history in virtual environments. Additionally, they are working on scalable replication of object positions in virtual simulations, which allows for accurate tracking of entities. Their research also includes dynamic dictionary-based network compression to optimize data transmission. These efforts collectively aim to improve the efficiency and reliability of virtual simulations and gaming experiences.
Funding Rounds 7
Number of Lead Investors 8
Total Funding Amount  $704.03 million dollars
Number of Investors 13

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