Insider Brief
Multiverse Computing has raised a $570 million Series C funding round at a $1.7 billion pre-money valuation to accelerate deployment of its AI model compression platform, CompactifAI, and expand its efficient AI infrastructure globally.
The company’s CompactifAI technology applies tensor network methods derived from quantum physics to compress large language models by 80–95% with minimal accuracy loss, enabling faster, lower-energy AI deployment across cloud, on-premises, and edge devices.
The funding will support research and development, sovereign AI infrastructure, expansion into key international markets, and scaling deployments across industries including manufacturing, finance, energy, aerospace, cybersecurity, defense, and healthcare.
PRESS RELEASE — 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 B. The round is co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital, with additional commitments to date 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 round, advised by JP Morgan and Santander CIB, is expected to bring total funding to $800 million, inclusive of prior rounds, and may remain open to select additional strategic investors.
