News

NetEase invests $50m in UK tech company Improbable

Date Type Companies involved Size
July 27th, 2018 investment Improbable
NetEase
$50m
NetEase invests $50m in UK tech company Improbable

Chinese games specialist NetEase has put $50m behind cloud-tech firm Improbable.

The deal consists of the Asian firm snapping up $50m of new shares in the London-based start-up. This follows a partnership between the two companies announced back in February of this year.

Closer ties

This new financial relationship will see NetEase using SpatialOS tech in a project which is set to be announced later this year.

It's possible we'll see something about this at Gamescom, given that it's the last big games trade show of the year.

This latest investment follows Improbable securing a $502m investment from Japanese financial organisation Softbank.

Our sister-site PCGamesInsider.biz has further details.


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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