Unity and Nvidia's investment arm join Emulate's $700 million funding round

Unity and Nvidia’s NVentures investment arm have joined Emulate’s roughly $700 million funding round, Sifted reported, without disclosing either investor’s individual contribution. Emulate, a UK-registered AI startup founded in August by former Google DeepMind researchers including Jack Parker-Holder and Matthew McGill, is building “world models” that learn physical-world dynamics from video and interaction data to train agents that can act in real environments. The round was previously reported by the Financial Times in September at a planned valuation of about $3.7 billion, with Bloomberg and PYMNTS later putting the valuation near $4 billion just a month after the company’s founding. The additions of Unity and Nvidia’s investment arm lend strategic backing from the gaming-engine and AI-chip ecosystems to a young startup whose technology could underpin robotics and interactive simulation. What remains to be seen is the final size and valuation of the round, the specific stakes taken by Unity and NVentures, and how Emulate’s world models translate into commercial products.