Multiverse Computing Raises Up to $570M Series C at $1.7B Valuation to Cut AI Inference Costs

What happened

Multiverse Computing SL announced a Series C fundraising round targeting up to $570 million at a $1.7 billion valuation on July 27, 2026, led by Forgepoint Capital International, BNPP Solar Impulse Venture Fund, and Bullhound Capital.

Context and impact

Multiverse Computing develops CompactifAI, which compresses large language models by 80–95% using tensor network methods derived from quantum physics, enabling faster, more energy-efficient AI inference across cloud, on-premises, and edge deployments with minimal accuracy loss. The company has grown annualized revenue 10x since its Series B in June 2025.

Details

• Series C target: up to $570M (~€500M) at $1.7B valuation
• Revenue growth: 96x year-over-year in Q1 2026; 10x ARR growth since Series B (June 2025)
• CompactifAI compresses LLMs by 80–95% with minimal accuracy loss
• Funds: expanding efficient model library, R&D, sovereign AI infrastructure
• Geographic expansion: East Asia, Middle East, North America