Multiverse Computing Announces Series C Fundraising Targeting Up To $570 Million
By Amit Chowdhry ● Today at 7:36 AM
Multiverse Computing announced a $570 million, or €500 million, Series C funding round at a $1.7 billion pre-money valuation, a five-fold step-up from its Series B. The round is co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital, with additional commitments from investors including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, the Basque Government's Hazten Scale-Up Fund, and Kutxa Fundazioa. Advised by JP Morgan and Santander CIB, the round is expected to bring the company's total funding to $800 million and may remain open to additional strategic investors.