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The Venture Codex

Improbable

10 Bishops Square, London, England, E1 6EG, United Kingdom

Overview

Improbable is dedicated to building powerful technology designed to help solve previously impossible problems and enable the creation of new realities. In gaming and entertainment, Improbable unlocks truly next-generation gameplay through virtual worlds of unprecedented scale, persistence, and richness. In other industries, they hope to help answer critical questions through simulations that could lead to a better functioning world. The company's platform, SpatialOS, lets developers transcend the limits of regular computation, allowing swarms of servers running in the cloud to cooperate in order to simulate worlds far larger and more complex than any single server could. Improbable was established in 2012 by Herman Narula and Rob Whitehead in London, England.

Total investments
3
Lead investments
2
Investments · 12mo
2
Active investors
7

Sector focus

  • Gamification
  • Gaming
  • Information Technology
  • Metaverse
  • Software
  • Virtual World
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Investment portfolio

  • Otomato

    Led · Equity · May 2026

    Otomato detects users' wallet-held positions—lending, tokens, NFTs and prediction markets—and monitors them in real time across multiple chains to surface only the alerts that matter. The product launched as a Telegram bot and has attracted more than 2,000 users, with over 1,500 actively receiving alerts and integrations with 10+ protocols such as AAVE, Pendle, Uniswap, Morpho, Euler and Hyperliquid. It supports monitoring across Ethereum, Arbitrum, Base and HyperEVM. The company plans to expand multi-chain and multi-vertical coverage and scale go-to-market efforts. Otomato will deploy the newly raised $2 million toward product development and scaling. Leadership cited strong organic, viral growth with no paid spend as evidence of product-market fit.

  • fan3

    Led · Equity · Oct 2025

    fan3 operates a "fan-first" access gateway that layers onto existing ticketing systems, integrating with Ticketmaster, AXS, Eventim, and Etix to authenticate real fans and block bots and scalpers. Its core offering is a digital pass kept in a fan's mobile wallet that grants presale access, loyalty perks, and fraud-resistant entry. NFC-enabled wristbands extend the service on-site, letting attendees verify attendance, unlock exclusive experiences, and claim digital rewards, all recorded on-chain for permanence and transparency. The company reports that its fraud-prevention heuristics have cut secondary-market ticket leakage to under 5 %, an 8.4-fold improvement on industry norms. Founded by music industry veterans Steve Finan, Paul Rose, and Ross Taylor, fan3 aims to restore fairness to ticketing while giving artists clearer visibility into their true audiences. Recently secured funding will be channeled toward scaling its technology, expanding the team, and deepening integrations across the live-event ecosystem. Although revenue and user numbers were not disclosed, fan3 positions itself as a trusted, loyalty-driven gateway for promoters, artists, and fans worldwide.

  • Victory League

    Participated · Seed · Mar 2024

    Victory League builds dynamic, authentic football fan experiences in a safe, moderated interactive environment that lets fans share stories, attend exclusive live events, and connect with clubs and players. The company partners with clubs, players, and leagues in both men’s and women’s football and offers those partners an opportunity to become equity owners. Victory League leverages Improbable’s Morpheus technology to power large-scale interactive events and has run prior activations including Game4Ukraine and Clash of Fans. Ahead of Euro 2024 the company is inviting 30,000 fans to exclusive events to showcase star players and build anticipation for the tournament. Victory League plans to use new capital to expand operations and accelerate product development. Its core product is a moderated, interactive fan platform that combines live events, community features, and club/athlete partnerships.

Team