2015’s biggest investments: Improbable £14m
Cambridge University spin out secures funding to build virtual and augmented reality simulations
Description: Virtual reality platform
Founders: Herman Narula, Rob Whitehead
Based in: London
Raised: £14m ($20m)
Investors: Andreessen Horowitz
Andreessen Horowitz’s Chris Dixon:
“One initial application for the Improbable technology is in gaming. Game developers have been trying to build virtual worlds for decades, but until now those worlds have been relatively small, usually running on only a handful of servers and relying on hacks to create the illusion of scale.
Read more about the deal here.