UK edtech unicorn Multiverse has raised £70 million in fresh funding as the company pushes deeper into enterprise AI training and expands its footprint across Europe.
The funding round was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed, D1 Capital Partners, Index Ventures, Bond, and StepStone Group.
The new investment values Multiverse at $2.1 billion, marking a $400 million increase from its previous valuation in 2022.
Founded in 2016 by Euan Blair, the son of former UK Prime Minister Tony Blair, Multiverse initially focused on digital apprenticeship programs for technology companies. Over the years, the company has evolved into a broader workforce development platform focused heavily on AI and data skills training.
The latest funding highlights growing investor confidence in the rapidly expanding enterprise AI enablement market, where companies are increasingly looking for practical ways to train employees and integrate AI into everyday operations.
Multiverse Expands Beyond the UK Into Europe
While Multiverse built most of its business in the UK, the company is now aggressively expanding across Europe.
A key step in that strategy came earlier this year when Multiverse acquired Berlin-based AI and data training company StackFuel. The acquisition helped the company enter the German market and strengthen its European presence.
According to Multiverse, the fresh capital will be used to scale its AI workforce training products and help businesses adopt AI technologies more effectively.
The company says its mission is to ensure AI improves workforce productivity rather than replacing employees.
Enterprise AI Adoption Creates New Demand for Workforce Training
As enterprises rapidly adopt generative AI tools, many organizations are struggling with implementation, employee readiness, and productivity integration.
Multiverse believes this gap represents one of the biggest opportunities in the AI economy.
“There are companies who desperately need the benefits AI can bring. There are AI companies. What has been missing is the layer that bridges the two.”
Euan Blair added:
“This investment marks the moment Multiverse defines that category, and takes it across Europe. Getting outcomes from AI and unlocking productivity is not just a technology problem. It is a people problem. We exist to solve it.”
The company has increasingly focused on partnerships with major AI and data infrastructure firms, including Palantir and Databricks.
These partnerships are aimed at helping enterprises train employees on real-world AI tools and workflows.
Financial Performance and Profitability Progress
Despite its strong valuation growth, Multiverse has continued to operate at a loss.
For the financial year ending in 2025, the company reported losses widening from £60.3 million to £63.3 million year-over-year. During the same period, employee headcount slightly declined from 822 to 813 staff members.
However, the company also revealed a significant milestone: Multiverse achieved its first cash-positive quarter between January and March 2026.
The announcement signals improving operational efficiency as the company scales its enterprise AI business.
Employee Equity Included in Latest Funding Round
Alongside the funding announcement, Multiverse confirmed that all employees, regardless of seniority, were offered equity and long-term ownership stakes in the business.
The move reflects a broader trend among high-growth AI startups aiming to retain talent in an increasingly competitive market.
UK Government Welcomes Multiverse Growth
The investment was also welcomed by Chancellor of the Exchequer Rachel Reeves, who highlighted the importance of British AI companies competing globally.
“Multiverse is a fantastic example of a British company helping turn that ambition into reality.”
Reeves added:
“This investment will support its expansion across Europe, strengthening a UK firm that is competing globally and equipping people with the skills to make AI work in practice.”
Why Multiverse’s Funding Matters
The £70 million raise comes at a time when enterprises worldwide are racing to implement AI technologies but face major talent and training gaps.
Instead of building AI models directly, Multiverse is positioning itself as the infrastructure layer between AI technology providers and enterprise workforces.
That positioning could become increasingly valuable as companies move from AI experimentation to large-scale deployment.
With fresh capital, growing enterprise partnerships, and expansion into Europe, Multiverse is betting that workforce AI enablement could become one of the most important sectors in the broader AI economy.
