# Improbable funding: rounds and investors

> Improbable has raised $674M across 4 rounds since 2015. Investors include Andreessen Horowitz, NetEase and Temasek Holdings. Every round with its source.

Source: https://millionrounds.com/company/improbable (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Venture startup](https://millionrounds.com/companies)

# 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 Economy Gaming VR & AR

Valuation: $3.4B, Mar 2026

Funding summary Updated 26 Oct 2026

**$674M** raised across 4 rounds since 2015, from 4 sources

**$22M** Series A **$502M** Series B **$50M** Round **$100M** Venture

- **Latest round:** Venture, $100M Oct 2022
- **Biggest round:** $502M Series B · May 2017
- **Step-up i:** 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.

2015 2016 2017 2018 2019 2020 2021 2022

**$22M** Series A

**$502M** Series B

**$50M** Round

**$100M** Venture

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

## The rounds

- **Oct 2022** Venture **$100M** *3 new* *2 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Temasek Holdings](https://millionrounds.com/fund/temasek) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [NetEase](https://millionrounds.com/fund/netease) Source recorded
- **Jul 2018** Round **$50M** *1 new* [NetEase](https://millionrounds.com/fund/netease) Reported by FinSMEs
- **May 2017** Series B **$502M** *2 new* [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) Softbank/ Andreessen Horowitz Reported by FinSMEs
- **Mar 2015** Series A **$22M** *2 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Chris Dixon](https://millionrounds.com/fund/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 A** 2015 **Series B** 2017 **Round** 2018 **Venture** 2022 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [NetEase](https://millionrounds.com/fund/netease) [Temasek Holdings](https://millionrounds.com/fund/temasek) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [Chris Dixon](https://millionrounds.com/fund/chris-dixon) Softbank/ Andreessen Horowitz

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[NetEase](https://millionrounds.com/fund/netease) Corporate VC **2** rounds

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **1** round

[Horizons Ventures](https://millionrounds.com/fund/horizons-ventures) VC firm **1** round

[Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) VC firm **1** round

[Chris Dixon](https://millionrounds.com/fund/chris-dixon) VC firm **1** round

Softbank/ Andreessen Horowitz no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=improbable).

## 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.

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm Per its own site

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm Per its own site

[Tessera Venture Partners](https://millionrounds.com/fund/tessera-venture-partners) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

## Quick answers about Improbable

### Who invested in Improbable?

Improbable's investors include Andreessen Horowitz, NetEase, Temasek Holdings, LocalGlobe and Horizons Ventures, and 3 more on record.

### How much has Improbable raised?

Improbable has raised $674M across 4 rounds since 2015.

### When did Improbable last raise?

Improbable's most recent round was a Venture of $100M in Oct 2022.

### What was Improbable's biggest round?

Improbable's largest round on record is $502M (Series B), in May 2017.

### Who backed Improbable first?

Improbable's first round on record, in Mar 2015, was backed by Andreessen Horowitz and Chris Dixon.

### What stage is Improbable at?

Improbable's latest named round is a Venture, in Oct 2022.

### Where is Improbable based?

Improbable is based in the United Kingdom.

## Companies like Improbable

In the same sector, and raised in the last eighteen months.

[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**KIT-AR** $9.7M · Aug 2026](https://millionrounds.com/company/kit-ar)[**lounges.tv** $9.6M · Jun 2026](https://millionrounds.com/company/lounges-tv)[**Brave Bison** $2.7M · Jun 2026](https://millionrounds.com/company/brave-bison)[**Posh Monkey Studios** $1.6M · Apr 2026](https://millionrounds.com/company/posh-monkey-studios)[**OneDome** $38M · Feb 2026](https://millionrounds.com/company/onedome)

## Find investors like these

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