AI model compression startup Multiverse raises $570M at $1.7B valuation
Multiverse Computing SL, a startup working on technology that compresses artificial intelligence models so that they run more efficiently on less hardware, announced Monday it raised $570 million in Series C funding.
The round was co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital. Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures and half a dozen other investors also committed capital to the funding round. The raise values the company at a $1.7 billion pre-money valuation, an almost five-fold step up from its $215 million Series B raise in June 2025.
Multiverse’s flagship product is CompactifAI, a compression technology that uses tensor networks, a mathematical framework from quantum physics, to efficiently shrink the size of AI models. The company claims that this breakthrough can reduce the hardware footprint of large language models up to 80% to 95% with minimal accuracy loss.
Smaller AI models run faster, consume less energy and can be deployed on less costly hardware than extremely large models. This opens up the possibility of running extremely powerful models on devices that otherwise would have to run tiny models, for example, consumer PCs, laptops, smartphones, and edge devices.
