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# Improbable
- URL: https://entrepreneurplus.co.uk/startups/improbable/
- Published: 2026-11-04T17:46:35.000Z
- Updated: 2026-11-04T17:46:35.000Z
- Description: London simulation and metaverse technology company now building AI and web3 ventures.
- Author: Editorial Desk
- Tags: #ep-startup

![Improbable logo](https://storage.ghost.io/c/05/a4/05a4a052-18ab-4836-8924-ec8b322c371c/content/images/2026/10/improbable-logo.webp) 

London simulation and metaverse technology company now building AI and web3 ventures.

- Media & Gaming
- Series B+
- London

Sector

Media & Gaming

Stage

Series B+

Based in

London

Founded

2012

Funding raised

Undisclosed

Website

[improbable.io](https://www.improbable.io/?ref=entrepreneurplus.co.uk)

Improbable is a London technology company founded in 2012 by Herman Narula and Rob Whitehead. It originally built SpatialOS, a platform for large-scale multiplayer simulations, and later developed metaverse infrastructure used for mass-audience virtual events. Backed by SoftBank among others, the company sold its multiplayer services studio to Keywords Studios for £76.5m and its defence business, and reported its first pre-tax profit of £13m for 2023\. Since then it has repositioned as a venture builder focused on AI and web3, developing technology for the Somnia blockchain, selling its Imporium studio to Yuga Labs, investing $2m in DeFi app Otomato in May 2026, and launching the AI-native messaging platform Bolter with a $10m investment in September 2026.

## Team

- **Herman Narula**, Co-founder & CEO [X](https://x.com/HermanNarula?ref=entrepreneurplus.co.uk)

## Backed by

- [AAndreessen Horowitz](https://entrepreneurplus.co.uk/investors/andreessen-horowitz/)

[LinkedIn](https://www.linkedin.com/company/improbable?ref=entrepreneurplus.co.uk) · [X (Twitter)](https://x.com/Improbableio?ref=entrepreneurplus.co.uk)

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