Manchester startup Simbio Limited reaches £9.3m valuation for virtual world tech

Simulation software that fully models the evolution and interaction of flora, fauna, and fungi is the core product of Simbio Limited. Based in Manchester, the company has raised £250k to support technology that generates dynamic virtual worlds for use in building interactive, immersive environments. These tools are designed for the ready-made interactive leisure and entertainment software development sector.

The investment brings the business to an estimated post-money valuation of £9.3m. The firm was incorporated in February. The transaction was finalized with an allotment date in August, with corresponding documentation filed during the same month.