San Sebastian, Spain — July 27, 2026: Multiverse Computing announced a 1.7 billion (€1.5B) pre-money valuation (5x step-up from Series B).
Co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital. Additional commitments from Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, Basque Government Hazten Scale-Up Fund, Kutxa Fundazioa. Advised by JP Morgan and Santander CIB.
Expected to bring total funding to $800 million inclusive of prior rounds, and may remain open to select additional strategic investors.
CompactifAI: tensor networks from quantum physics to compress LLMs by up to 80-95% with immaterial accuracy loss (vendor claim). Platform spans cloud, on-premises, and on-device; CompactifAI Router decides local vs cloud in real time.
Use of proceeds: efficient model library, R&D, sovereign AI gigafactory infrastructure, regional presence in East/SE Asia, Middle East, Canada, US.