The strategic funding round values the workforce transformation company at $2.1bn.
"There are companies who desperately need the benefits AI can bring. There are AI companies. What has been missing is the layer that bridges the two. This investment marks the moment Multiverse defines that category, and takes it across Europe. Getting outcomes from AI and unlocking productivity is not just a technology problem. It is a people problem. We exist to solve it,"
The London-based startup raised the Series A round from Index Ventures and Visionaries Club to scale its automated finance operations.
"Adfin is building the agentic finance platform for money movement: automating the workflows finance teams use to get paid, manage their money, and, in time, much more. And we’re doing it the way our customers keep telling us they want: safe, auditable, trackable, with humans firmly in control. By owning both the underlying financial infrastructure and the agentic workflows on top, we’ll let finance teams deploy agents in a way nobody else can,"
The British Business Bank and the Sovereign AI Fund have backed the artificial intelligence developer in a record-setting seed round.
"David Silver is a generational talent who has consistently been on the cutting edge of AI development. Ineffable Intelligence has the potential to produce a paradigm shift in our scientific and technology landscape, and we are incredibly excited to be supporting him and his team in this endeavour."
The London startup secured $125m at a $1.5bn valuation to scale its conversation search technology.
"To make your company’s context work for you"
The Series A round was led by Atomico with participation from Index Ventures, Norrsken VC and Daphni.
"Invention is how we solve humanity’s biggest challenges, yet the systems that protect those ideas are decades out of date. AI will redefine how global organisations innovate over the next five years, turning IP from a cost centre into a growth driver. The companies that adopt Ankar now will shape the future of innovation."
