This article covers Multiverse, an AI startup that has raised £52m in a growth funding round to accelerate expansion across Europe and further develop its platform for diagnosing workforce skills gaps and delivering AI, data and digital training to employees. The funding is intended to support employer upskilling and workforce development, helping organisations and employees translate AI investment into practical productivity gains across the UK and Europe.
Multiverse, an AI startup, has raised £52 million in a growth funding round to accelerate its expansion across Europe and to further develop its platform for diagnosing workforce skills gaps and delivering AI, data and digital training to employees. The deal comes as the company reports accelerating revenue and its first cash-positive quarter.
Businesses and governments across the UK and Europe are increasing AI investment, but translating that into productivity gains requires new workforce skills. BCG’s 2026 AI Radar referenced in the announcement notes AI spending has doubled year on year and that leading companies invest more heavily in upskilling than followers. That context helps explain investor interest in companies focused on workplace capabilities rather than just tooling.
In the announcement, Rachel Reeves, Chancellor of the Exchequer, said:
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.
Multiverse’s platform maps corporate goals against employee skills to diagnose capability gaps and recommends areas for training. The company says it has delivered more than £2 billion in verified ROI for over 1,000 employers. Named customers include Babcock (defence and engineering services), The AA (motoring and roadside assistance), Capita (outsourcing and professional services) and Addison Lee (transport and logistics), each cited as examples of enterprise users applying upskilling to operational change.
Multiverse has also built partnerships with Microsoft, Palantir and Databricks and launched Atlas, an AI coaching platform that tripled daily active users over the last year. Growth has been supported by strategic M&A: in January 2026 Multiverse acquired Berlin-based data and AI training company StackFuel to broaden its European product footprint.
In the announcement, Louise Benford, Chief People Officer, said:
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.
The primary funding was led by Schroders Capital, with participation from existing investors General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond and StepStone Group. The round values Multiverse at $2.1 billion, an increase of $400 million on the previous funding round.
The company reported revenue growth of 50% year on year, accelerating for a third consecutive year, and recorded its first cash-positive quarter between January and March 2026. Alongside the fundraise, Multiverse offered all employees equity to provide a longer-term stake in the business.
In the announcement, Michael Mclean, Head of Private Equity Technology Investments at Schroders Capital, said:
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.
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In the announcement, Euan Blair, Founder & CEO at Multiverse, said:
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. 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.
Blair’s framing positions Multiverse as a bridge between AI capability and enterprise outcomes, emphasising people and training rather than technology alone.
The raise underscores a broader trend: investors and corporate customers are looking beyond model building to the human and organisational work needed to make AI deliver value. For UK and European policymakers pushing AI adoption, the expansion of companies that specialise in workforce upskilling may be as important as investment in models and infrastructure.
This funding round is another data point in the maturation of the AI ecosystem in the UK and Europe, where demand for practical, workforce-centred solutions is shaping where capital flows and how startups scale.
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
![]() Schroders Capital | 9 investments investments | 2 contacts contacts | |||
![]() General Catalyst | 26 investments investments | 9 contacts contacts | |||
![]() Lightspeed Venture Partners | 15 investments investments | 28 contacts contacts | |||
![]() Index Ventures | 16 investments investments | 11 contacts contacts | |||
![]() BOND | 1 investment investment | more info |
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