Multiverse Computing closes $570M Series C at $2.3B valuation
Multiverse Computing has closed a $570 million Series C round at a $2.3 billion post-money valuation, five times its Series B valuation. Forgepoint Capital International, BNP Paribas Solar Impulse Venture Fund, and Bullhound Capital co-led the round, with participation from Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, the EIC Fund, the Basque Government's Hazten Scale-Up Fund, and Kutxa Fundazioa. The round brings Multiverse's total funding to $800 million. The company reported 96 times year-over-year sales growth in the first quarter of 2026. Multiverse's CompactifAI compression engine reduces large language models by 80-95% with minimal accuracy loss, enabling models like Llama and Mistral to run four to twelve times faster at 50-80% lower cost. Customers include Allianz, Bank of Canada, Bosch, Iberdrola, Indra, PwC, and Telefónica across manufacturing, finance, energy, aerospace, cybersecurity, defence, and health sectors.