What Multiverse Computing does
Multiverse Computing builds CompactifAI, a compression technology that applies tensor networks, a mathematical framework from quantum physics, to AI model compression.[1] The company says CompactifAI reduces the size of large language models by up to 80-95% with immaterial accuracy loss.[1] On October 15, 2026, Multiverse Computing launched Comet 60B, which it describes as a compressed and optimized version of NVIDIA Nemotron 3.5 Super VL at half the size.[2] Multiverse Computing was founded in 2019 and is headquartered in Donostia (San Sebastián), Spain, with offices in the United States, Canada and Europe.[2],[1]
Business model and customers
Multiverse Computing said in July 2026 that it serves more than 100 global customers.[1] The company names Allianz, Bank of Canada, Bosch, Iberdrola, Indra, PwC and Telefónica among its customers and partners.[1] Multiverse Computing said in July 2026 that annualized revenue had grown more than 10x since its June 2025 Series B, with 96x year-over-year sales growth in Q1 2026.[1]
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Recent changes
- Jul 27, 2026Jul 27, 2026Raised $570M Series C at a $2.3B valuation TechFundingNews
- Jul 27, 2026Jul 27, 2026Multiverse Computing Raises $570M to Compress AI Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 27, 2026 | Series C | $570M | $2.3B | Pulse story |
How Multiverse Computing has been funded
Multiverse Computing raised $215 million in June 2025, according to TechFundingNews, in a round the company refers to as its Series B.[3],[1] On July 27, 2026, Multiverse Computing announced a $570 million (€500M) Series C at a $1.7 billion (€1.5B) pre-money valuation, a 5x step-up from its Series B.[1] The Series C is co-led by Forgepoint Capital International, BNPP SIVF and Bullhound Capital, with commitments from investors including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest and NAventures.[1] Qatar Development Bank, Zouk Capital, SETT and the EIC Fund also committed to the Series C, according to the company.[1] TechFundingNews reported the Series C valuation as $2.3 billion post-money.[3] Multiverse Computing said the round is expected to bring its total funding to $800 million, inclusive of prior rounds.[1] The company said the Series C will fund investments in sovereign AI gigafactory infrastructure and expansion in East Asia, Southeast Asia, the Middle East, Canada and the United States.[1] On August 4, 2026, Qatar Development Bank announced its investment as part of the Series C, and the company said Doha will become its regional headquarters.[4]
Investors and their roles
- Forgepoint Capital International (co-led the Series C, Jul 2026)[1]
- BNPP SIVF (co-led the Series C, Jul 2026)[1]
- Bullhound Capital (co-led the Series C, Jul 2026)[1]
- Santander Alternative Investments (Series C, Jul 2026)[1]
- Tikehau Capital (Series C, Jul 2026)[1]
- HP Inc. (Series C, Jul 2026)[1]
- Orange Ventures (Series C, Jul 2026)[1]
- Scania Invest (Series C, Jul 2026)[1]
- NAventures (Series C, Jul 2026)[1]
- Qatar Development Bank (Series C, investment announced Aug 2026)[1],[4]
- Zouk Capital (Series C, Jul 2026)[1]
- SETT (Series C, Jul 2026)[1]
- EIC Fund (Series C, Jul 2026)[1]
Investors
Latest Pulse
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- Jul 27, 2026Multiverse Computing Raises $570M to Compress AIMultiverse Computing raised $570 million in a Series C round at a $1.7 billion pre-money valuation for its quantum-inspired AI model compression technology.→
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Multiverse Computing FAQ
How much has Multiverse Computing raised?
Multiverse Computing said its $570 million Series C, announced in July 2026, is expected to bring total funding to $800 million including prior rounds.[1]
What is Multiverse Computing's valuation?
Multiverse Computing announced its July 2026 Series C at a $1.7 billion pre-money valuation; TechFundingNews reported $2.3 billion post-money.[1],[3]
Who invested in Multiverse Computing?
Forgepoint Capital International, BNPP SIVF and Bullhound Capital co-led Multiverse Computing's July 2026 Series C, with investors including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures and Qatar Development Bank.[1]
Who founded Multiverse Computing?
Enrique Lizaso (CEO) and Dr. Román Orús (Chief Scientific Officer) are co-founders of Multiverse Computing, according to the company's July 2026 announcement.[1]
Where is Multiverse Computing based?
Multiverse Computing is headquartered in Donostia (San Sebastián), Spain, and said in August 2026 it will establish Doha as its regional headquarters.[1],[4]
Is Multiverse Computing public?
Multiverse Computing announced a private $570 million Series C in July 2026, so it is privately held as of that date.[1]
References
researched 2026-10-19Sources & methodologyshow
Where these figures come from
- TechFundingNewsValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.