Multiverse Computing announces Series C fundraising targeting up to €500 million
The AI compression company has named co-leads and additional investors for an open financing round.
Multiverse Computing announced its Series C fundraising on July 27, 2026, targeting up to €500 million. The final committed amount was not disclosed separately from that target.
Forgepoint Capital International, BNP Paribas Solar Impulse Venture Fund and Bullhound Capital co-lead the fundraising. The company reports additional commitments from institutional and strategic investors, while the round may remain open to selected backers.
Multiverse plans to expand its compressed model library, develop algorithms and infrastructure software, and build its international presence. Its CompactifAI technology applies tensor-network methods to reduce the computing resources needed to deploy AI across devices and data centres.
Use of funds
Expand the library of compressed AI models
Develop compression algorithms and efficient AI infrastructure software
Expand internationally