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SoftBank-backed simulation startup Improbable has posted steep losses and higher revenue growth for the 7 months to 31 December 2019.
These new financials come after Improbable shortened its financial period. It earlier posted results for the year to 31 May 2019, showing heavy losses and minimal revenue.
Improbable provides software to enable game developers to create giant multiplayer worlds, and has also signed multiple defense contracts during 2020.
SoftBank-backed simulation startup Improbable has posted updated financial results for 2019 that indicate heavy losses but stronger revenue growth.
The UK-headquartered startup offers its SpatialOS simulation software to gaming and defense firms. Its big promise is to enable massive, complex multiplayer environments online.