Multiverse, the British upskilling platform for AI and tech adoption, today announced it has raised €60 million ($70 million) in primary funding to expand across Europe, with the goal of ensuring that AI benefits the workforce, rather than displacing it.
The funding was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group – valuing the company at €1.8 billion ($2.1 billion).
“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,” says Euan Blair, CEO and Founder of Multiverse. “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.”
Chancellor of the Exchequer Rachel Reeves adds: “We want Britain to achieve the fastest rate of AI adoption of any country in the G7 – the productivity dividend we can get from AI will grow businesses of all shapes and sizes in the UK and ensure they stay competitive.
“Multiverse is a fantastic example of a British company helping turn that ambition into reality. 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.”
Founded in 2016, Multiverse is an EdTech upskilling platform for AI and tech adoption that helps organisations close critical skills gaps – especially in data, AI and all things tech.
They’ve already partnered with over 1,500 global organisations to transform their workforce through tech skills. The last year has seen an increasing focus on strategic alliances, with tech platforms including Microsoft, Palantir, and Databricks partnering with Multiverse. Atlas, its AI coaching platform, allegedly tripled daily active users in the last year.
Today’s funding lands amid accelerating company growth driven by UK enterprise adoption, and strategic acquisitions. Multiverse completed the acquisition of Berlin-based data and AI training company StackFuel in January 2026.
According to the company, revenue grew 50% YoY, and increased at an accelerating rate for the third consecutive year. For the first time, Multiverse had a cash-positive quarter from January to March 2026. Alongside this raise, all employees regardless of seniority have been offered equity and a long term stake in the company as a result of the funding round.
Michael Mclean, Head of Private Equity Technology Investments, Schroders Capital, says: “The evolution of AI is creating transformative opportunities to drive productivity and growth across global economies. Multiverse is a leader in enabling this shift, helping organisations capitalise on these tailwinds. With growing momentum across Europe, Multiverse puts the focus on AI adoption, enabling employers to upskill their workforces and translate technology investment into tangible outcomes.
“High-quality businesses with the potential for transformative, sustainable growth and value creation are key fundamentals we look for. We’re therefore delighted to have led this significant fundraise as Multiverse further accelerates its growth journey.”
Businesses and governments across the UK and Europe are investing heavily in AI, with AI spend doubling since last year according to BCG’s 2026 AI Radar. Yet Multiverse says that productivity gains remain elusive. According to them, the missing ingredient is not more technology tools, it is a skilled workforce capable of deploying them.
Multiverse was built to ensure workers don’t get left behind by the rapid pace of technology. Today that means closing the gap between workers and tech, in effect acting as the AI adoption layer of the technology stack.
Its platform diagnoses precise skills gaps, matching corporate goals against workforce capability to give leaders a holistic view and detailed recommendations for upskilling. Multiverse then equips workers at every level with the AI, data and digital skills to translate technology investment into measurable outcomes.
To date, the company has reportedly delivered more than €2.2 billion (£2 billion) in verified ROI for over 1,000 employers, including critical national security with Babcock and household names like The AA, Capita and Addison Lee.
With 50% revenue growth last year, driven by new customers and continued demand from existing customers the strategic investment is intended to fuel further expansion.
Louise Benford, Chief People Officer at The AA, adds: “Our work with Multiverse has supported The AA’s AI transformation, bridging the gap between new technology and the talent needed to harness it. Multiverse has enabled skills development in areas such as data and AI, and we have seen positive engagement from colleagues participating in the programmes.”
Read the orginal article: https://www.eu-startups.com/2026/05/uk-edtech-multiverse-lands-e60-million-funding-round-at-e1-8-billion-valuation/
