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Virtual Reality (VR) Investment Technology

VR startup Improbable earns real world rewards with £400m valuation

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By John Glenday | Reporter

October 25, 2016 | 1 min read

London-based virtual reality startup Improbable is engaged in talks with unnamed backers on both sides of the Atlantic which could value the business at over £400m, according to Sky News.

The firm hopes to carve out a niche within the burgeoning field by creating models of real-life situations such as the structure of the housing market, to how the internet of things operates.

This so-called Spatial operating system has already caught the eye of investors such as Andreesen Horowitz, who last year invested £13.4m in Improbable, betting its software could revolutionise sectors as diverse as economics, town planning and transport.

Improbable was founded in 2012 by Cambridge computer science graduate Herman Narula.

Virtual Reality (VR) Investment Technology

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