Who invested in Improbable

4 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Creator EconomyGamingVR & AR

Valuation: $3.4B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$674Mraised across 4 rounds since 2015, from 4 sources

$22MSeries A$502MSeries B$50MRound$100MVenture

Latest round: Venture, $100MOct 2022
Biggest round: $502MSeries B · May 2017
Step-upi: 2×
Investors: 8

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20152016201720182019202020212022

$22MSeries A$502MSeries B$50MRound$100MVenture

First round: Series A, $22M
Biggest round: $502M
Usual gap between rounds: 2.2 years

The rounds

Oct 2022
Venture$100M3 new2 returning
Source recorded
Jul 2018
Round$50M1 new
- NetEase
Reported by FinSMEs
May 2017
Series B$502M2 new
- Horizons Ventures
- Softbank/ Andreessen Horowitz
Reported by FinSMEs
Mar 2015
Series A$22M2 new
- Andreessen Horowitz
- Chris Dixon
From a historical funding record

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2015Series B2017Round2018Venture2022

Amadeus Capital Partners

Chris DixonSoftbank/ Andreessen Horowitz

Everyone who backed them

Andreessen HorowitzVC firm2rounds

NetEaseCorporate VC2rounds

Temasek HoldingsVC firm1round

LocalGlobeVC firm1round

Horizons VenturesVC firm1round

Amadeus Capital PartnersVC firm1round

Chris DixonVC firm1round

Softbank/ Andreessen Horowitzno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Improbable as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.