Unity and NVIDIA's Investment Arm NVentures Join Emulate's $700 Million Funding Round

TechFlow, Nov. 11 — According to an exclusive report by Sifted, game engine company Unity and NVIDIA's investment arm NVentures have joined a roughly $700 million funding round for UK-based AI startup Emulate. Emulate was founded in August this year by several former Google DeepMind researchers and is registered in the UK. Its founders include Jack Parker-Holder, Matthew McGill and others. The company focuses on world models, learning physical-world principles from video and interactive data to train agents that can act in real environments. Previously, the Financial Times reported in September that Emulate planned to raise up to $700 million at a valuation of about $3.7 billion; Bloomberg and PYMNTS later said its valuation was approaching $4 billion just one month after its founding. Sifted said Unity and NVentures are the latest investors to join, but did not disclose the specific amounts invested by each.

Source: TechFlow