Spain's Multiverse Computing Raises $570M at $1.7B Valuation
The round will fund model expansion, research and sovereign AI infrastructure as annualized revenue grew more than 10 times since June 2025.
- On Monday, July 27, 2026, San Sebastian-based Multiverse Computing opened a Series C funding round targeting $570 million, valuing the company at $1.7 billion.
- Founded in 2019, Multiverse developed CompactifAI, a compression technology using tensor networks that reduces large language models by up to 95% with minimal accuracy loss.
- Forgepoint Capital International, BNPP SIVF, and Bullhound Capital co-led the round, which follows a $215 million Series B in June 2025 and a tenfold increase in annualized revenue.
- Multiverse will deploy capital toward building sovereign AI infrastructure and expanding into East Asia, Southeast Asia, the Middle East, Canada, and the United States.
- "The AI industry has accepted a false constraint for years," said CEO Enrique Lizaso, positioning the company to scale AI deployment across local hardware and sovereign infrastructure.
23 Articles
23 Articles
Multiverse Computing targets a $570m Series C at a $1.7bn valuation to cut AI costs
Spanish deeptech company that shrinks large language models wants investors to bet that efficiency, rather than sheer scale, is where the next stretch of AI money gets made. Multiverse Computing, based in San Sebastián in Spain’s Basque Country, has opened a Series C round targeting up to $570m (€500m), the company said on July 27. […] This story continues at The Next Web
Spain's Multiverse Computing raises $570m at $1.7bn valuation
The Spanish AI compression start-up's funding round is co-led by Forgepoint Capital International, BNPP SIVF and Bullhound Capital, and values the company at a 5x step-up from its Series B. Read more: Spain’s Multiverse Computing raises $570m at $1.7bn valuation
Multiverse Raising Funds at $1.7 Billion Value to Cut AI Costs
Multiverse Computing SL is raising $570 million in a funding round that is set to boost its valuation to $1.7 billion, as investors flock to companies aiming to make it cheaper to use artificial intelligence.
WellandTribune.ca
Multiverse Computing Announces Series C Fundraising Targeting up to $570M (€500M) to Power Efficient AI from Edge to Cloud
SAN SEBASTIAN, Spain, July 27, 2026 (GLOBE NEWSWIRE) -- Multiverse Computing, the global leader in efficient AI, today announced a $570 million (€500M) Series C funding round at a $1.7 billion (€1.5B) pre-money valuation, a 5x step-up from its Series…
AI model compression startup Multiverse raises $570M at $1.7B valuation
Multiverse Computing SL, a startup working on technology that compresses artificial intelligence models so that they run more efficiently on less hardware, announced Monday it raised $570 million in Series C funding. The round was co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital. Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania […] The post AI model compression startup Multiverse ra…
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