The big picture: Multiverse Computing, a San Sebastian-based AI scale-up focused on sovereign and efficient AI, announced a €500 million ($570 million) Series C at a €1.5 billion ($1.7 billion) pre-money valuation. This round, co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital, brings the company’s total funding to €701.3 million ($800 million) and solidifies its unicorn status.
Why it matters:
- Redefining AI infrastructure: Multiverse Computing challenges the notion that powerful AI requires expensive infrastructure, proving models can run efficiently on diverse hardware from smartphones to sovereign data centers.
- Enabling sovereign AI: The company’s technology allows organizations to maintain full control over their AI deployments, addressing critical concerns around data privacy, security, and regulatory compliance.
- Significant market traction: With over 10x annualized revenue growth since its Series B and 96x year-over-year sales growth in Q1 2026, Multiverse Computing demonstrates rapid commercial adoption across key industries.
How it works:
- Quantum-inspired compression: At its core, Multiverse’s CompactifAI technology uses tensor networks, a mathematical framework from quantum physics, to reduce large language model (LLM) size by 80-95% with minimal accuracy loss.
- Flexible deployment: The platform supports compressed models optimized for cloud, on-premises, and on-device environments, orchestrated by the CompactifAI Router for real-time workload management.
- End-to-end efficiency layer: Multiverse provides a software layer for AI factories and data centers, integrating model compression, GPU orchestration, AI services, and sovereign controls into a unified platform.
The catch: The challenge for Multiverse Computing will be to maintain its competitive edge as larger cloud providers and established AI players continue to invest heavily in their own efficiency and edge deployment solutions. While its quantum-inspired approach offers a unique advantage, market education and widespread enterprise adoption against entrenched incumbents will be crucial.
Key Facts
- Company: Multiverse Computing
- Amount: €500M
- Round: Series C
- Investors: Forgepoint Capital International and BNPP SIVF and Bullhound Capital (co-lead), Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, Basque Government’s Hazten Scale-Up Fund, Kutxa Fundazioa
- Founders: Enrique Lizaso, Román Orús
- Valuation: $1,700,000,000
- Announced: 2026-07-27
- Sector: AI Infrastructure
- Headquarters: San Sebastian, Spain
