Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe

The round, led by Schroders Capital, follows January’s acquisition of Berlin-based StackFuel 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, said on Friday it had raised $70m in primary funding led by Schroders Capital, at a $2.1bn valuation.

Existing investors, including General Catalyst, Lightspeed, D1 Capital, Index Ventures, Bond and StepStone Group, joined the round.

The new valuation marks a $400m step up from the company’s $1.7bn Series D in 2022. Multiverse said revenue grew 50% year-on-year for the third consecutive year of accelerating growth, and the company reported its first cash-positive quarter, from January to March 2026. All employees are being offered equity in connection with the raise.

Multiverse is positioning the new round behind a category pitch rather than a product one. Chief executive Euan Blair told the company’s blog the firm wants to become ‘Europe’s AI adoption platform’, sitting between the businesses buying AI tools and the workforces meant to use them.