June 17, 2025

Spanish startup Multiverse Computing raises €189 million to scale technology that compresses LLMs by up to 95%

Multiverse Computing

Investment raised

EUR 189m

Valuation

Stage

Region

🏆 Deal of the Week · CW 24/2025

Multiverse Computing raised EUR 189 million in a Series B round; the company's valuation was not disclosed. The round was backed by a syndicate of nine investors including Bullhound Capital, CDP Venture Capital, and Forgepoint Capital International, among others.

Multiverse Computing — key deal facts

Company Multiverse Computing
Founded 2019
Headquarters San Sebastián, Spain
Amount raised EUR 189m
Valuation Valuation Remains Undisclosed
Round Series B
Investors Bullhound Capital, Capital Riesgo de Euskadi – Grupo SPRI, CDP Venture Capital, Forgepoint Capital International, HP Tech Ventures, Quantonation, Santander Climate VC, SETT, Toshiba Corporation
Sectors Artificial Intelligence (AI)

Who invested in Multiverse Computing?

The round brought together Bullhound Capital, Capital Riesgo de Euskadi – Grupo SPRI, CDP Venture Capital, Forgepoint Capital International, HP Tech Ventures, Quantonation, Santander Climate VC, SETT, and Toshiba Corporation. The investor mix is notable for its breadth: it combines specialist deep-tech and quantum-focused funds such as Quantonation with corporate strategics including HP Tech Ventures and Toshiba Corporation, alongside a climate-focused vehicle in Santander Climate VC. Regional public backing from Capital Riesgo de Euskadi – Grupo SPRI underscores the Basque Country's institutional commitment to the company.

What does Multiverse Computing do?

Multiverse Computing is a quantum AI software company founded in 2019 and headquartered in San Sebastián, Spain. Its flagship product, CompactifAI, compresses large language models by up to 95% using tensor network techniques, enabling deployment of LLMs on lower-cost, energy-efficient hardware. The company also develops Singularity, a quantum-inspired optimization platform serving sectors including finance and energy. Multiverse Computing was co-founded by Enrique Lizaso, Román Orús, Alfonso Rubio-Manzanares, and Sam Mugel; Enrique Lizaso serves as CEO.

Multiverse Computing valuation & multiples

Explore the benchmarks: Series B.

Frequently asked questions

How much did Multiverse Computing raise in its Series B?

Multiverse Computing raised EUR 189 million in its Series B round, announced in June 2025.

What is Multiverse Computing's valuation?

Multiverse Computing's valuation was not disclosed as part of the Series B announcement.

Who invested in Multiverse Computing?

The Series B investors include Bullhound Capital, Capital Riesgo de Euskadi – Grupo SPRI, CDP Venture Capital, Forgepoint Capital International, HP Tech Ventures, Quantonation, Santander Climate VC, SETT, and Toshiba Corporation.

When was Multiverse Computing founded and where is it based?

Multiverse Computing was founded in 2019 and is headquartered in San Sebastián, Spain.

Source: original announcement — read the full report.

VENIONAIRE DEALMATRIX MULTIPLES

Stop guessing your multiple.

DealMatrix gives you market-realistic EV/Sales and EV/EBITDA multiples for private companies, filtered by sector, stage and region, built on 20 years of data and IPEV-2025-compliant.