Multiverse Computing targeting €500m round at unicorn valuation
Multiverse Computing, the Spanish scaleup building tools to reduce the compute requirements of large AI models, has announced it is targeting a €500m Series C at a post-money valuation of €2bn.The round, which is still open, will be one of the largest fundraises ever secured by a Spanish private tech company. According to the company, CompactifAI can reduce the size of large-language models (LLMs), such as those released by US giant OpenAI, by up to 95% with little accuracy loss. The compressed models require fewer compute resources, enabling significant efficiency gains for customers.
- ▪Multiverse Computing, the Spanish scaleup building tools to reduce the compute requirements of large AI models, has announced it is targeting a €500m Series C at a post-money valuation of €2bn.The round, which is still open, will be one of
- ▪According to the company, CompactifAI can reduce the size of large-language models (LLMs), such as those released by US giant OpenAI, by up to 95% with little accuracy loss.
- ▪The compressed models require fewer compute resources, enabling significant efficiency gains for customers.
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| Original publisher | Sifted |
| Canonical URL | https://sifted.eu/articles/multiverse-computing-series-c-unicorn/ |
| Publication time | Mon, 27 Jul 2026 05:00:01 GMT |
| Retrieval time | 2026-07-27T07:20:07.203Z |
| Last seen | 2026-07-27T07:20:07.203Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | Weavr0LwZp1B |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Multiverse Computing, the Spanish scaleup building tools to reduce the compute requirements of large AI models, has announced it is targeting a €500m Series C at a post-money valuation of €2bn.The round, which is still open, will be one of the largest fundraises ever secured by a Spanish private tech company. It is co-led by US investor Forgepoint Capital, UK-based Bullhound Capital and French bank BNP Paribas’s climate-focused Solar Impulse Venture Fund (SIVF).It includes commitments from the European Innovation Council (EIC) Fund, Spanish state-owned investor SETT, the Qatar Development Bank and NAVentures, the corporate venture arm of the National Bank of Canada.
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