UK tech start-up Improbable breaks $1 billion valuation with SoftBank deal

LONDON (Reuters) - Improbable, a British tech simulation company dreamt up at Cambridge University, has raised $502 million (£390 million) in a funding round led by Japan's SoftBank, valuing it at over $1 billion and propelling it into the top ranks of the European industry.

from Reuters: Top News http://uk.reuters.com/article/uk-improbable-softbank-group-investment-idUKKBN1880OU?feedType=RSS&feedName=topNews