Multiverse Computing targeting up to $570M in latest round
Tech.eu 1 month ago 45 ● 3 sources
Multiverse Computing, a Spanish startup applying quantum-inspired techniques to AI, is raising up to $570 million at a $1.7 billion valuation to scale its CompactifAI technology for edge devices. The company's key claim is that its methods reduce large language model size by 80–95 percent while maintaining accuracy, enabling inference on phones, drones, and embedded systems rather than data centers. The funding, co-led by Forgepoint Capital, BNPP SIVF, and Bullhound Capital, will bring total capital raised to approximately $800 million and represents a five-fold increase from its Series B valuation of $215 million.