Metaverse technology company Improbable completed $150 million in financing, led by a16z and SoftBank Vision Fund Phase II, with participation from Mirana, DCG, CMT, SIG and Ethereal Ventures.
It is understood that the funding is mainly used to build the interoperable metaverse network M² (MSquared) powered by its Morpheus technology.
The network will allow companies, brands and creators to build their own metaverse and Web3 businesses within their network, organize large-scale experiences involving communities of thousands of players, and provide interoperability with existing blockchain and Web3 businesses sex.