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Secondmind vs Improbable

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Improbable leads in funding with $700M, well ahead of Secondmind's $25M.

Head-to-Head Verdict

Improbable leads on 4 of 4 metrics

Secondmind

0 wins

-Funding
-Awaira Score
-Team Size
-Experience

Improbable

4 wins

+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
N/A
N/A
Total Funding
$25M
$700M
Awaira Score
45/100
68/100
Employees
1-50
500-1000
Founded
2019
2012
Stage
Series A
Series C
SecondmindImprobable
Secondmind logo
Secondmind

🇬🇧 United Kingdom · Eric Bax

Series AML PlatformEst. 2019

Valuation

N/A

Total Funding

$25M

Awaira Score45/100

1-50 employees

Full Secondmind Profile →
Winner
Improbable logo
Improbable

🇬🇧 United Kingdom · Herman Narula

Series CML PlatformEst. 2012

Valuation

N/A

Total Funding

$700M

Awaira Score68/100

500-1000 employees

Full Improbable Profile →
Market Context

This is a head-to-head contest: both operate in ML Platform and share a home market in United Kingdom. Different stages (Series A vs Series C) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Secondmind and Improbable are direct competitors in ML Platform. Secondmind develops Bayesian machine learning optimisation technology for engineering applications, with a primary focus on automotive powertrain and vehicle systems calibration. Improbable develops large-scale simulation technology and virtual world infrastructure, originally focused on cloud-distributed game server simulation and subsequently pivoting to AI-powered synthetic environment generation and metaverse platform development.

Funding & Valuation

Neither company has publicly disclosed a valuation. Improbable has amassed $700M in total funding, far exceeding Secondmind's $25M.

Growth Stage

With a 7-year head start, Improbable (founded 2012) has had considerably more time to mature than Secondmind (2019). Growth stages differ: Secondmind (Series A) versus Improbable (Series C), a distinction that matters for both deal structure and competitive positioning. Team sizes also differ: Secondmind employs 1-50 people versus Improbable's 500-1000.

Geography & Outlook

Headquartered in 🇬🇧 United Kingdom, both Secondmind and Improbable draw from the same local ecosystem of talent and capital. A 23-point gap on the Awaira Score (Improbable: 68, Secondmind: 45) signals a clear difference in overall company strength. Under Eric Bax and Herman Narula respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Secondmind

Total Rounds2
Avg. Round Size$12.5M
Funding Span1.3 yrs

Improbable

Total Rounds2
Avg. Round Size$261M
Funding Span2.1 yrs

Funding History

Secondmind has completed 2 funding rounds, while Improbable has gone through 2. Secondmind's most recent round was a Series A of $20.8M, compared to Improbable's Series B ($502M). Secondmind is at Series A while Improbable is at Series C — different points in their growth trajectory.

Team & Scale

Improbable has the bigger team at roughly 500-1000 people — 500x the size of Secondmind's 1-50. Improbable has a 7-year head start, founded in 2012 vs Secondmind's 2019. Both are based in United Kingdom.

Metrics Comparison

MetricSecondmindImprobable
💰Valuation
N/A
N/A
📈Total Funding
$25M
$700MWINS
📅Founded
2019WINS
2012
🚀Stage
Series A
Series C
👥Employees
1-50
500-1000
🌍Country
United Kingdom
United Kingdom
🏷️Category
ML Platform
ML Platform
Awaira Score
45
68WINS

Key Differences

📈

Funding gap: Improbable has raised $675M more ($700M vs $25M)

📅

Market experience: Improbable has 7 years more (founded 2012 vs 2019)

🚀

Growth stage: Secondmind is at Series A vs Improbable at Series C

👥

Team size: Secondmind has 1-50 employees vs Improbable's 500-1000

⚔️

Direct competitors: Both operate in the ML Platform market segment

Awaira Score: Improbable scores 68/100 vs Secondmind's 45/100

Which Should You Choose?

Use these signals to make the right call

Secondmind logo

Choose Secondmind if…

  • Secondmind develops Bayesian machine learning optimisation technology for engineering applications, with a primary focus on automotive powertrain and vehicle systems calibration
Improbable logo

Choose Improbable if…

Top Pick
  • Higher Awaira Score — 68/100 vs 45/100
  • Stronger investor backing — raised $700M
  • More market experience — founded in 2012
  • Improbable develops large-scale simulation technology and virtual world infrastructure, originally focused on cloud-distributed game server simulation and subsequently pivoting to AI-powered synthetic environment generation and metaverse platform development

Funding History

Secondmind raised $25M across 2 rounds. Improbable raised $700M across 2 rounds.

Secondmind

Series A

Oct 2020

$20.8M

Seed

Jun 2019

$4.3M

Improbable

Series B

May 2017

Lead: SoftBank Vision Fund

$502M

Series A

Mar 2015

Lead: Andreessen Horowitz

$20M

Investor Comparison

No shared investors detected between these two companies.

Unique to Improbable

SoftBank Vision FundAndreessen Horowitz

Users Also Compare

FAQ — Secondmind vs Improbable

Is Secondmind bigger than Improbable?
Neither company has publicly disclosed a valuation, making a definitive size comparison difficult. Secondmind employs 1-50 people, while Improbable has 500-1000 employees.
Which company raised more funding — Secondmind or Improbable?
Improbable has raised more in total funding at $700M, compared to Secondmind's $25M — a gap of $675M. Combined, the two companies have completed 4 known funding rounds.
Which company has a higher Awaira Score?
Improbable leads with an Awaira Score of 68/100, while Secondmind sits at 45/100. That 23-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Secondmind vs Improbable?
Secondmind was founded by Eric Bax in 2019. Improbable was founded by Herman Narula in 2012. Visit each company's profile on Awaira for a full founder biography.
What does Secondmind do vs Improbable?
Secondmind: Secondmind develops Bayesian machine learning optimisation technology for engineering applications, with a primary focus on automotive powertrain and vehicle systems calibration. The Cambridge company builds probabilistic machine learning tools that help automotive engineers optimise complex, multi-variable systems such as engine management, transmission control, and electrification systems with fewer physical experiments and less calibration time than traditional approaches.\n\nThe company raised approximately $25 million in a Series A round and acquired Prowler.io, a multi-agent reinforcement learning startup from Cambridge, in 2021 to expand its AI research capabilities. Secondmind customers include major automotive OEMs using the platform to reduce the number of dyno tests required for powertrain calibration, translating directly into reduced development costs and faster time-to-production for new vehicle programmes.\n\nSeconmind operates in the engineering AI optimisation market, competing with specialist automotive AI vendors and general-purpose Bayesian optimisation tools. The automotive calibration market is driven by increasing powertrain complexity as the industry transitions to hybrid and electric architectures, which require calibrating interactions between internal combustion engines, electric motors, and battery management systems that generate dramatically more control parameters than traditional powertrains. Cambridge University research partnerships provide the company a continuing source of methodological development in Bayesian and probabilistic machine learning. Improbable: Improbable develops large-scale simulation technology and virtual world infrastructure, originally focused on cloud-distributed game server simulation and subsequently pivoting to AI-powered synthetic environment generation and metaverse platform development. The London company built SpatialOS, a cloud platform for running distributed simulations of large, persistent virtual worlds, and has applied simulation capabilities to defence, urban planning, and entertainment applications.\n\nThe company raised approximately $700 million including a landmark $502 million SoftBank round in 2017 that was one of the largest venture rounds in European technology history. Improbable has undergone multiple strategic pivots, moving from gaming infrastructure to defence simulation contracts with clients including the UK Ministry of Defence, which uses simulation environments for training and wargaming. The company also built MSquared, a metaverse interoperability network, before refocusing on defence and AI simulation work.\n\nImprobable operates in an AI simulation market where demand from defence agencies, autonomous vehicle companies, and robotics firms has grown substantially. The company competes with simulation platforms from Epic Games (Unreal Engine), NVIDIA (Omniverse), and specialist defence simulation vendors. Its SoftBank backing and large cash reserves have enabled it to survive multiple market pivot cycles that would have ended less well-funded companies, and its current focus on AI-powered synthetic data generation for defence represents a growing government budget category.
Which company was founded first?
Improbable got there first, launching in 2012 — that's 7 years of extra runway. Secondmind didn't arrive until 2019. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Secondmind has about 1-50 employees; Improbable has about 500-1000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Secondmind and Improbable competitors?
Yes — they're direct rivals. Both Secondmind and Improbable compete in ML Platform, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Improbable has a clear lead here — Awaira Score of 68 vs Secondmind's 45. The difference comes down to funding depth and team scale.

Who Should You Watch?

Improbable is in the stronger position — better score and deeper pockets. But Secondmind has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive