Multiverse Raises $70m at a $2.1bn Valuation to Drive AI Adoption Across Europe
May 15, 2026 – 9:20 am
The round, led by Schroders Capital, follows the acquisition of Berlin-based StackFuel in January and 50% year-on-year revenue growth. Customers include the AA, Babcock, and Capital.
Multiverse, the London-based AI and tech-upskilling platform founded by Euan Blair, announced on Friday it had raised $70m in primary funding led by Schroders Capital, at a $2.1bn valuation. Existing investors, such as General Catalyst, Lightspeed, D1 Capital, Index Ventures, Bond, and StepStone Group, participated in the round.
This new valuation represents a $400m increase from the company’s $1.7bn Series D in 2022. Multiverse reported its first cash-positive quarter (January to March 2026) and is offering all employees equity in connection with the raise.
Multiverse aims to position itself as "Europe’s AI adoption platform," bridging the gap between businesses adopting AI tools and the workforces that operate them, according to CEO Euan Blair.
The company has already established a strong foothold in Europe through its January acquisition of StackFuel, a Berlin-based data and AI training provider with corporate clients like Mercedes-Benz, IAV, and Telefónica. StackFuel aims to train 100,000 German workers in AI skills and boasts a 92% program completion rate.
Multiverse claims to have delivered over £2bn in verified ROI for more than 1,000 employers, including Babcock, the AA, Capita, and Addison Lee. Its AI coaching platform, Atlas, has seen a threefold increase in daily active users over the past year.
The investment comes as a significant political statement, with Chancellor of the Exchequer Rachel Reeves emphasizing the UK government’s goal for Britain to achieve the fastest rate of AI adoption among G7 nations. She praised Multiverse as "a fantastic example of a British company helping turn that ambition into reality."