
Schroders Capital
Schroders' private-markets alternatives arm; led Multiverse's $70m Series E in May 2026.
Last refreshed: 21 May 2026 · Appears in 1 active topic
Why did Schroders Capital lead Multiverse's round as the government launched its workforce AI unit?
Timeline for Schroders Capital
Co-invested in StirlingX's Series A
UK Startups and Innovation: StirlingX raises GBP15m for defence dataLed Multiverse $70m Series E
UK Startups and Innovation: Multiverse hits $2.1bn on first cash quarterWhat is Schroders Capital and how is it different from Schroders?
Why did Schroders Capital invest in Multiverse?
How much does Schroders Capital manage?
Background
Schroders Capital is the private-markets and alternatives division of Schroders plc, one of the UK's largest listed asset managers with approximately £750bn in assets under management. Schroders Capital covers private equity, private credit, real estate, infrastructure and natural capital, managing over £60bn in alternative assets. It operates globally with significant European exposure and is increasingly active in growth-stage technology investment.
On 15 May 2026, Schroders Capital led a $70m Series E round in Multiverse at a $2.1bn valuation . Multiverse, the workforce upskilling platform founded by Euan Blair, reported revenue up 50% year-on-year and Q1 2026 as its first cash-positive quarter, providing the commercial fundamentals for an alternatives manager to lead rather than follow. The timing was three days before DSIT announced a cross-government AI and Future of Work Unit with a target to upskill 10 million people by 2030.
Schroders Capital's decision to lead a UK edtech round at Series E reflects a broader shift among European alternatives managers into late-stage growth equity, competing in a space that US VCs have traditionally dominated. For Multiverse, having a large UK institutional investor lead the round rather than a Silicon Valley firm provides balance-sheet credibility and a different kind of patient capital, oriented toward profitability rather than hyperscale. The round also cements Schroders Capital's position as an active participant in the UK AI workforce economy at a moment of sustained government attention.