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.
At the center of Multiverse’s platform is CompactifAI, a compression technology developed by co-founder and Chief Scientific Officer Dr. Román Orús that applies tensor networks, a mathematical framework from quantum physics, to reduce the size of large language models by up to 80 to 95 percent with minimal accuracy loss. The company said this allows AI to run faster and consume less energy, enabling deployment in environments where sending data to a hyperscaler is too costly, too slow, or not permitted. Multiverse’s platform spans compressed models optimized for cloud, on-premises, and on-device environments, orchestrated by a CompactifAI Router that determines in real time whether a workload should run locally or in the cloud, alongside a software layer for AI factories and data centers that combines model compression, GPU orchestration, AI services, and sovereign-grade controls.
Since closing its Series B in June 2025, Multiverse said it has grown annualized revenue more than tenfold, with 96 times year-over-year sales growth in the first quarter of 2026. The company’s models are already deployed across millions of devices and systems, including drones, cameras, satellites, vehicles, and telecom infrastructure, and are expected to be embedded into AI PCs. Customers and partners span manufacturing, finance, energy, aerospace, cybersecurity, defense, and health and life sciences, including Allianz, Bank of Canada, Bosch, Iberdrola, Indra, PwC, and Telefónica.
The Series C funding will be used to expand Multiverse’s library of efficient models, continue research and development on its proprietary algorithms, support strategic investments in sovereign AI gigafactory infrastructure and the software stack needed for deployments, and establish a stronger regional presence in East Asia, Southeast Asia, the Middle East, Canada, and the United States. Multiverse is headquartered in Donostia, Spain, with additional offices across the United States, Canada, and Europe.
KEY QUOTES:
“The AI industry has accepted a false constraint for years, that powerful models require expensive infrastructure. That constraint is gone. We have proven that AI can run at full performance on a smartphone, inside a sovereign data center, on a factory floor with no cloud connection. This round is the moment we scale that proof across every industry that needs it.”
Enrique Lizaso, Co-founder and CEO, Multiverse Computing
“The AI industry has built an extraordinary capability on top of an infrastructure model that wasn’t designed to sustain it. The winners in the next phase of this multi-trillion-dollar market will be the ones that make every data center, every GPU, and every enterprise deployment dramatically more efficient. Multiverse sits at the intersection of the infrastructure and the application layers and has evolved from being the leading downstream LLM compression technology to becoming a complete AI foundry and Operating System.”
Damien Henault, Managing Director and Partner, Forgepoint Capital International
“Beyond delivering substantial cost savings for its clients, Multiverse’s solutions achieve a structural reduction in the energy intensity of LLM workloads through advanced model-compression techniques. This translates into lower GPU utilization, reduced energy consumption, and decreased infrastructure requirements, all while preserving comparable performance and accuracy levels.”
Yann Lagalaye, Managing Partner, BNPP Solar Impulse Venture Fund
“For years, Europe has worried it cannot compete at the frontier of AI. Multiverse is the answer, a team out of San Sebastián whose technology lets anyone run powerful models on their own terms, on their own soil, without depending on anyone else.”
Per Roman, Co-founder and Managing Partner, Bullhound Capital
