4/08/2022

Improbable Raises US$150m to Establish M² (MSquared), a Metaverse Network and Ecosystem Powered by Its Morpheus Technology

Improbable, the UK-based metaverse technology company, is announcing today it has raised US$150m in funding to establish and develop M² (MSquared), a network of interoperable Web3 metaverses powered by its Morpheus technology. The global metaverse revenue opportunity is expected to be worth $800bn by 2024, according to Bloomberg Intelligence[*], and has seen heavy investment in recent months. However, the experiences available today cannot support the vast numbers of people or rich interacti...