Multiverse Lands $70M to Advance AI Training

The big picture: Euan Blair’s Multiverse has raised £70m in fresh funding, aiming to expand across Europe and capture a share of the enterprise AI training market.

Why it matters:

• European Expansion: The new funding will fuel Multiverse’s growth across Europe, building on its recent acquisition of Berlin-based data and AI training company StackFuel.
• AI Workforce Gap: Multiverse seeks to bridge the gap between companies needing AI benefits and the available AI talent, positioning itself as the crucial layer for enterprise AI adoption.
• Strategic Partnerships: Collaborations with AI leaders like Palantir and Databricks enable Multiverse to integrate cutting-edge AI knowledge into its training programs, ensuring the workforce benefits from AI rather than being displaced.

How it works:

• Apprenticeship Model: Leveraging its background in digital apprenticeships, Multiverse applies this model to upskill workforces in AI, focusing on practical outcomes.
• Enterprise Focus: The company targets large enterprises, offering tailored AI training services designed to unlock productivity and integrate AI effectively into existing operations.
• Employee Equity: Multiverse has offered equity to all employees, regardless of seniority, aiming to foster a shared stake in the company’s growth and success in new markets.

The catch: The edtech and AI training markets are highly competitive, with numerous established players and new entrants vying for enterprise upskilling contracts. While Multiverse reported a cash-positive quarter from January to March 2026, its widening year-on-year losses from £60.3m to £63.3m indicate significant operational costs, posing a challenge for sustained profitability amidst rapid expansion.