Multiverse Computing Raises $570M Series C at $1.7B Valuation — MULTIVERSE COMPUTING, S.L.

Event summary

Multiverse Computing raised $570M in Series C funding at a $1.7B pre-money valuation, a 5x 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 (National Bank of Canada’s corporate venture arm), Qatar Development Bank, Zouk Capital, SETT, EIC Fund, the Basque Government’s Hazten Scale-Up Fund (Gestión de Capital Riesgo de Euskadi - Grupo Spri), and Kutxa Fundazioa.
The funding will support the expansion of Multiverse's library of efficient AI models, research and development on proprietary algorithms, strategic investments in sovereign AI gigafactory infrastructure, and regional presence in key markets including East Asia, Southeast Asia, the Middle East, Canada, and the United States.
Multiverse Computing has grown annualized revenue by more than 10x since closing its Series B in June 2025, with 96x year-over-year sales growth in Q1 of 2026.

The big picture

Multiverse Computing's $570M Series C funding round underscores the growing demand for efficient and sovereign AI solutions. The company's CompactifAI technology, which reduces the size of large language models by up to 80-95% with minimal accuracy loss, positions it as a key player in the shift towards more sustainable and decentralized AI infrastructure. This round is part of a broader trend where investors are betting on companies that can deliver cost savings and energy efficiency in the AI industry.

What we're watching

Execution Risk: Whether Multiverse Computing can sustain its rapid revenue growth while scaling its operations globally.
Market Penetration: The pace at which Multiverse Computing can expand its customer base across key markets including East Asia, Southeast Asia, the Middle East, Canada, and the United States.
Technological Leadership: How Multiverse Computing's CompactifAI technology will evolve to maintain its competitive edge in the AI efficiency space.