Japan
Japan’s Softbank invests $500m in Improbable to create “VR cities”
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London-based virtual reality firm Improbable has raised $500m (£388m) in one of the biggest investments in an early stage European technology business. Japan’s Softbank is backing Improbable in a funding round that values the business at more than $1bn. The deal gives SoftBank a “non-controlling” stake in the company, valuing it over the $1bn magical … [Read more…]