Multiverse Secures $70M Funding at $2.1B Valuation
SkimNews Take
Multiverse's expansion into AI training, supported by significant new funding and an acquisition, signals a strategic pivot to meet evolving market demands for specialized skills beyond traditional vocational offerings.
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- Multiverse raised $70 million in a new funding round, valuing the company at $2.1 billion.
- Index and other investors participated in the round, marking the startup’s first raise since 2022.
- Multiverse is expanding into AI‑driven training programmes, leveraging its apprenticeship platform to develop AI‑focused curricula.
- Multiverse acquired AI education startup StackFuel in January, integrating its technology into the broader offering.
- Euan Blair is the founder of Multiverse, which now targets both traditional apprenticeships and AI skill development.
Why it matters: Employers seeking AI‑skilled apprentices gain a larger talent pipeline, while traditional training rivals face heightened competition; the $70 M infusion funds Multiverse’s AI curriculum rollout, expanding its market presence in the UK.
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