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Startups·1 min read

Nvidia and Unity Join Emulate's $700m Fundraising Round

Chip giant Nvidia and game-engine company Unity are among the backers of Emulate's $700 million fundraise, adding two major tech names to the round.

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Nvidia and Unity have joined Emulate's $700 million fundraise, adding two of the best-known names in computing and real-time 3D software to the round.

The involvement of Nvidia, the chip and AI infrastructure group, and Unity, the maker of the widely used game engine, gives the raise strategic weight beyond the headline figure. A $700 million round is large by any measure, and the presence of two industry players suggests Emulate is attracting interest from companies close to the technology stack it operates in.

What is still unclear

The information available does not set out the valuation, the lead investors, the size of each participant's stake or when the round is expected to close. Those details will determine how the round compares with other large private funding rounds this year.

For the startup ecosystem, the deal is another sign that big technology companies continue to put money directly into fast-growing private firms, rather than only partnering with them commercially. Further terms of the round are likely to emerge as the fundraise is finalised.

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Tags:nvidiaunityemulatefunding roundventure capital

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