Digital Media and VR Company Improbable Worlds Secures $502 Million

Improbable Worlds announced it has raised $502 million in financing. SoftBank Group and Andreessen Horowitz participated in the round.

Improbable is a London-based startup that has developed a platform for third parties to build vast simulated and virtual worlds. The company’s first product for reality-scale simulations is SpatialOS, a distributed operating system that, according to Improbable Worlds, is capable of producing consequential, persistent simulations at unprecedented scale. SpatialOS is being deployed in many progressive game studios as well as by government institutions across the world.

Plans for use of the proceeds were not immediately disclosed.