Multiverse Computing (Series C)
Funding Details
Awarder
RSS - techfundingnews.com
Date Award
July 27, 2026
Vertical
Quantum Computing
Valuation
$2,300,000,000
Funding Amount
$570,000,000
Company Info
Founding Year
2019
Traction
Revenue increased 96 times year-over-year in the first quarter of 2026. The company has now raised $800 million across two rounds.
Organizations Involved
Allianz, Bank of Canada, Bosch, Iberdrola, Indra, PwC, Telefónica
Founders
Enrique Lizaso Olmos, Román Orús
Market
AI Infrastructure
Location
San Sebastián, Spain
Coinvestors
Forgepoint Capital International, BNP Paribas Solar Impulse Venture Fund, Bullhound Capital, Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, Basque Government’s Hazten Scale-Up Fund, Kutxa Fundazioa
Company Description

Multiverse Computing has developed CompactifAI, a compression engine that uses tensor networks from quantum physics to shrink large language models, enabling them to run efficiently on edge devices and data centers.

Links