In May 2023, London-based edtech company Multiverse, previously known as WhiteHat, announced a significant funding round, successfully raising $70 million. This investment was spearheaded by Schroders Capital, aimed primarily at accelerating the company's presence and expansion within the European market. Multiverse, founded by Euan Blair, the son of former UK Prime Minister Tony Blair, focuses on bridging the gap between artificial intelligence and workplace productivity. The ambition behind the funding is not only to enhance operational capabilities but also to ensure that advancements in AI contribute positively to workplace environments without causing job displacement. This recent round of funding has elevated Multiverse's valuation to $2.1 billion, up from its previous valuation of $1.7 billion in 2022, when it raised $220 million. The company has garnered support from a range of existing investors, including notable firms like General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group. With this backing, Multiverse plans to further strengthen its offerings, notably its AI coaching platform, Atlas, which has seen substantial growth in user engagement, reportedly tripling its daily active users over the past year. Multiverse has successfully delivered over £2 billion worth of benefits to more than 1,000 employers, establishing itself as a vital provider of skills and training essential for adapting to AI-driven changes in the workplace. Renowned companies such as Microsoft, Palantir, and Databricks are among its diverse clientele. CEO Euan Blair emphasized the necessity of bridging the gap between companies that need AI benefits and those developing AI technologies, indicating a recognition of the human component necessary for unlocking AI's full potential. Alongside the funding announcement, Multiverse further demonstrated its commitment to employee engagement by offering equity stakes to all its employees, regardless of their seniority level. Over the past decade, the importance of integrating technology into organizational structures has been underscored, with Multiverse positioning itself at the forefront of this transition. This investment reinforces the company’s goal of becoming a crucial player in the AI and edtech space, aiming for significant expansion across Europe in the coming years.