Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe
Summary
Multiverse raised $70m in primary funding led by Schroders Capital at a $2.1bn valuation, with existing backers including General Catalyst, Lightspeed, D1 Capital, Index, Bond and StepStone participating. The company reported 50% year-on-year revenue growth for the third consecutive year and its first cash-positive quarter (Jan–Mar 2026). In January it acquired Berlin-based StackFuel, integrated its founders into senior leadership, and named Microsoft, Palantir and Databricks as platform partners. Multiverse will use the capital to accelerate European expansion and is positioning itself as 'Europe's AI adoption platform' focused on upskilling workforces to improve enterprise AI returns.
Funding
Amount
$70.0M
Total raised
Date
May 15, 2026
Announcement date
Investors
Databricks, StepStone Group, IAV, Addison Lee, Capita, Microsoft, General Catalyst, Index Ventures, Telefónica
Lead investors
Company
multiverse.io
Funded company
Classifications
industries
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applications
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AskAI Classifications
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