Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      The next person to shop your store may not be a person at all

      AI shopping agents are rewriting the rules of online retail across North America

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Cohere's Aidan Gomez bets the house on 'sovereign AI' with Aleph Alpha merger valuing the group at $20bn

      Cohere CEO Aidan Gomez on stage discussing the Toronto AI lab's strategy

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Moonvalley's Naeem Talukdar is selling Hollywood the one thing rival AI video tools cannot: legal cover

      Moonvalley's Marey AI video model produces Hollywood-grade footage trained on licensed data

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Tuesday 24 March 2015 8:21 am

Andreessen Horowitz just ploughed $20m into a London-based virtual worlds startup Improbable

By: Catherine Neilan

Add as a preferred source on Google

Silicon Valley group Andreessen Horowitz has just ploughed $20m (£13.4m) into London-based virtual worlds creator Improbable. 
 
Entrepreneur Chris Dixon, who is a partner of Andreessen Horowitz and was behind its investment in tech firm Oculus VR before it was bought out by Facebook for $2bn, will join Improbable's board and advising alongside colleague Marc Andreessen.
 
According to the FT, the investment could value the firm at $100m. 
 
Dixon revealed the investment in a blog post published today, explaining why he is backing the company, which was founded by a group of computer scientists from the University of Cambridge: 
 
“Improbable’s technology solves the parallelisation problem for an important class of problems: anything that can be defined as a set of entities that interact in space.
 
“This basically means any problem where you want to build a simulated world. Developers who use Improbable can write code as if it will run on only one machine (using whatever simulation software they prefer, including popular gaming/physics engines like Unity and Unreal), without having to think about parallelization. 
 
“Improbable automatically distributes their code across hundreds or even thousands of machines, which then work together to create a seamlessly integrated, simulated world.” 
 
Improbable and Dixon both believe virtual reality can be used to solve problems in areas as diverse as defence, healthcare and economics, and, of course, entertainment.
 
Dixon noted that, while the “initial application for the Improbable technology” was gaming, it could be used in “any field that models complex systems – biology, economics, defense, urban planning, transportation, disease prevention”.
 
 
 
 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Startups

Trending Articles

  • London Tech Week sums up everything wrong with UK tech

  • Inflation expectations at record high in interest rates signal

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • New Gluten-Free Bread Binder Simplifies the Recipe — and Boosts Bread Quality

More from CityAM

  • Capitolis Named One of American Banker’s Best Places to Work in Financial Technology

    Business Wire
  • Canva Brings On-Brand, Editable Design into Google Gemini

    Business Wire
  • ZayZoon, the Calgary fintech born on a fishing boat, posts 1,487% growth as earned wage access goes mainstream

    ZayZoon co-founder Tate Hackert built the Calgary fintech around earned wage access
  • Toast the City winner: The Rising Sun on what makes a great pub

    Life&Style
    Sheila Dixon under a rising sun backdrop, symbolizing new beginnings in her political journey.
  • Botpress raises $25m as Quebec's Sylvain Perron pitches his startup as the 'infrastructure layer' for AI agents

    Botpress product UI: the Quebec startup pitches itself as the infrastructure layer for enterprise AI agents
  • KiddeFenwal Showcases First-of-its-Kind Fire Protection Solution for BESS at Interschutz and NFPA Conference and Expo

    Business Wire
  • Fasanara Capital Launches Investment Platform for Ferrari-backed Lending

    Business Wire
  • FluidAI wins US FDA clearance for its surgical monitor as Waterloo's Youssef Helwa targets 100,000 operations

    FluidAI's Origin surgical monitor wins FDA clearance for use in US hospitals
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited