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Multiverse Computing targeting €500m round at unicorn valuation

Sifted 27 July 2026, 05:00

Multiverse Computing, a Spanish AI model compression startup, is raising €500m in Series C funding at a €2bn valuation to scale its CompactifAI technology. The round is co-led by Forgepoint Capital, Bullhound Capital, and BNP Paribas's Solar Impulse Venture Fund, with backing from the European Innovation Council and other institutional investors. The funding will help Multiverse expand its compressed model library, accelerate R&D, and grow operations in Asia, the Middle East, and North America as it targets €200m in annual recurring revenue by 2026.

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TLDRocket 27 July 2026

The shape of AI investment is shifting away from raw compute and toward efficiency and data. Multiverse Computing's €500 million Series C round at a €2 billion valuation signals serious institutional confidence in model compression—the art of making AI systems smaller, faster, and cheaper without sacrificing capability. The Spanish startup's CompactifAI technology is becoming the infrastructure layer that companies deploying models actually need, as the era of throwing more parameters at problems runs into both cost and practical constraints. That's one storyline. The other is about physical AI's hidden bottleneck: the data itself. Encord is tackling a brutal economics problem—annotated training data for robotics costs twenty times more to produce than basic video footage, yet is worth a hundred times more. The company's experiments with brain wave sensors and muscle electrical signals suggest the next frontier in humanoid robot training isn't better algorithms but smarter ways to generate the dense, real-world manipulation data that currently doesn't exist at scale. Together, these stories point toward a maturing AI market where competitive advantage lives not in model size but in compression efficiency and data scarcity. The next wave of AI builders won't be the ones with the biggest models—they'll be the ones who can afford to run them, and who can actually afford to train them properly.

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Multiverse Computing targeting €500m round at unicorn valuation

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