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

Multiverse, a prominent AI and tech upskilling platform based in London, has secured $70 million in primary funding, valuing the company at $2.1 billion. This significant investment, led by Schroders Capital, underscores growing investor confidence in the European AI sector and the demand for digital skills across the continent. The funding round follows a period of substantial growth for Multiverse, including its recent acquisition of Berlin-based StackFuel and a 50% year-on-year revenue increase, indicating strong market traction. The core of Multiverse's offering lies in its innovative approach to upskilling workforces in Artificial Intelligence and related technologies. By providing comprehensive training programs, the company aims to bridge the digital skills gap prevalent across various European industries. Their clientele, which includes major organizations like the AA and Babcock, demonstrates the platform's effectiveness in equipping businesses with the necessary expertise to navigate the evolving digital landscape and leverage AI effectively. This development is particularly relevant to Europe's broader digital sovereignty agenda, as it fosters homegrown talent and addresses the continent's reliance on external expertise for critical technological advancements. The investment in Multiverse signals a proactive step towards building a more robust and self-sufficient European tech ecosystem, capable of competing on a global scale and driving innovation from within.