NetEase takes small equity stake to act as strategic investment: NetEase to develop and publish games using SpatialOS, Improbable’s cloud-based development technology
● First NetEase game using SpatialOS technology to be announced later this year
● Improbable pursuing new business opportunities with videogame developers and publishers in China and the Asia Pacific region
We’re very happy to be able to announce today that the leading Chinese Internet technology company, NetEase, Inc. has invested $50m in new shares in Improbable, alongside the purchase of some existing shares, taking a small stake in the company.
This investment represents a strategic investment in the potential of Improbable’s SpatialOS technology by NetEase, and will strengthen our competitiveness in supplying ground-breaking game development technology for game makers to the Asia market. We are recruiting and establishing a presence able to support game developers of all types within China who wish to use SpatialOS, and actively seeking other partners in Asia. The investment will increase our ability to help game makers in China and beyond to build previously impossible games, by helping game makers to benefit from a neutral, openly available technology platform supporting the next generation of online gaming.
SpatialOS is a cloud-based technology used to help game makers to create previously impossible games. It helps game makers to design, build and manage games that go beyond the limits of a single-server architecture. SpatialOS technology is open to all online game developers and publishers worldwide, with a free-to-try version available from https://improbable.io/get-spatialos
The investment follows on from our most recent previous funding, a $502m Series B round of funding led by SoftBank in May 2017, and comes with a significant increase in our valuation.
It also follows a partnership agreed by Improbable and NetEase in February 2018, where NetEase will develop and publish games built on SpatialOS, our cloud-based platform for game development.
We are delighted to be working with some of the most innovative companies in the world to help to deliver the next generation of online games.
This investment signals NetEase’s commitment to innovation in game-related technology, and its belief in the potential of SpatialOS to be the fundamental technology platform powering the next generation of online games, and connects Improbable with one of the world’s most successful developers and publishers of online games.
The first game from NetEase built on SpatialOS will be announced later this year, with further game announcements to follow.
This is just the beginning of our plan to make our SpatialOS technology more accessible to developers in the Asia Pacific region.
If you are making games in – or for – the Asia Pacific region, and you want to shape the future of online games, this is the time to talk to Improbable.
We’re excited to be working with NetEase, and we can’t wait to show the first fruits of our partnership soon.
If you’d like to know more about Improbable or have any questions about this blog post or SpatialOS, contact us at firstname.lastname@example.org (for media inquiries) or email@example.com (for general inquiries).
Headquartered in London, Improbable is a company dedicated to providing technology for game makers to enable powerful virtual worlds and simulations designed to help solve previously intractable problems. In gaming and entertainment, this enables game makers to create richer, more immersive and persistent virtual worlds.
Founded in 2012, Improbable received $20m in Series A funding from Andreessen Horowitz in March 2015. Horizons Ventures led a $30m follow-on Series A in July 2015, which included Temasek Holdings.
In May 2017 Improbable announced a $502m Series B funding round, led by SoftBank. Andreessen Horowitz and Horizons Ventures also joined this round with follow-on investments.
About NetEase, Inc.
NetEase, Inc. (NASDAQ: NTES) is a leading internet technology company in China. Dedicated to providing online services centered around content, community, communication and commerce, NetEase develops and operates some of China’s most popular PC-client and mobile games, advertising services, e-mail services and e-commerce platforms. In partnership with Blizzard Entertainment, Mojang AB (the Microsoft subsidiary that created Minecraft) and other global game developers, NetEase also operates some of the most popular international online games in China. For more information, please visit: http://ir.netease.com.
SpatialOS by Improbable is a cloud platform that enables studios to design, build and manage games that go beyond the limits of a single-server architecture.
By building on SpatialOS, developers can use standard tools and game engines to build new gaming experiences. It allows a swarm of hundreds of game engines, running in the cloud, to cooperate together to simulate a world much larger, richer and with more players than any single engine or server could. SpatialOS is currently in a free open beta – any game developer interested in using SpatialOS to create new realities can try the platform via https://improbable.io/games.