New funding puts Multiverse, which matches firms with people looking to skill up, in ‘unicorn’ territory

An education company founded by Euan Blair, son of the former prime minister Tony Blair, has been valued at $1.7bn (£1.4bn) after its latest fundraising.

The investment in Multiverse gives the 38-year-old a paper fortune of between $425m and $850m, while doubling the valuation of the business in less than a year. The company helps young people in the UK and US who have not been to university find apprenticeships with companies and access training.

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