This week, the second Wales Start-Ups awards were launched to not only celebrate the achievements of new businesses across our nation but to help identify those entrepreneurs that could make it big in the future. Indeed, all of last year’s finalists showed that not only are start-ups in Wales growing but they could really make a difference to the economy over the next few years. But many of those entrepreneurs at the 2016 awards will surely be redoubling their efforts this week following the announcement that Improbable, a business started by three university graduates only five years ago, has raised £390 million predominantly from a Japanese investor. Currently employing over 200 highly skilled staff, the company develops technology that enables the building of virtual worlds in the cloud, with potential applications ranging from massive multiplayer games to simulations of vital infrastructure such as transport systems. As a result, Improbable has become one of the few UK s...
Entrepreneurship, innovation and the economy