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Spain's Multiverse Computing Raises $570M at $1.7B Valuation

The round will fund model expansion, research and sovereign AI infrastructure as annualized revenue grew more than 10 times since June 2025.

  • On Monday, July 27, 2026, San Sebastian-based Multiverse Computing opened a Series C funding round targeting $570 million, valuing the company at $1.7 billion.
  • Founded in 2019, Multiverse developed CompactifAI, a compression technology using tensor networks that reduces large language models by up to 95% with minimal accuracy loss.
  • Forgepoint Capital International, BNPP SIVF, and Bullhound Capital co-led the round, which follows a $215 million Series B in June 2025 and a tenfold increase in annualized revenue.
  • Multiverse will deploy capital toward building sovereign AI infrastructure and expanding into East Asia, Southeast Asia, the Middle East, Canada, and the United States.
  • "The AI industry has accepted a false constraint for years," said CEO Enrique Lizaso, positioning the company to scale AI deployment across local hardware and sovereign infrastructure.
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WellandTribune.caWellandTribune.ca
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Multiverse Computing Announces Series C Fundraising Targeting up to $570M (€500M) to Power Efficient AI from Edge to Cloud

SAN SEBASTIAN, Spain, July 27, 2026 (GLOBE NEWSWIRE) -- Multiverse Computing, the global leader in efficient AI, today announced a $570 million (€500M) Series C funding round at a $1.7 billion (€1.5B) pre-money valuation, a 5x step-up from its Series…

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Multiverse Computing, the Basque startup specializing in making AI more efficient in terms of costs and speed, announced this Monday a capital increase that triggers its 100% valuation to the environment of 1.5 billion euros (1.7 billion dollars), thus multiplying by five the one that it carried out in June 2025.The new round of financing (C Series) of 570 million dollars (500 million euros) has been led by Forgepoint Capital International, BNP …

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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, July 27, 2026.
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