Home Spanish AI Firm Multiverse Computing Raises €500M At €1.5B Valuation

Spanish AI Firm Multiverse Computing Raises €500M At €1.5B Valuation

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Spanish AI Firm Multiverse Computing Raises €500M At €1.5B Valuation
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Multiverse Computing, the global leader in efficient AI, announced a $570 million worth €500M Series C funding round at a $1.7 billion amounting to €1.5B pre-money valuation, a 5x step-up from its Series B.

The round is co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital, with additional commitments to date from investors including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures  and Qatar Development Bank among others.

The round, advised by JP Morgan and Santander CIB, is expected to bring total funding to $800 million, inclusive of prior rounds, and may remain open to select additional strategic investors.

Multiverse Computing is also applying an end-to-end software layer for next-generation AI factories and data centers that brings model compression, GPU orchestration, AI services, and sovereign-grade controls into a unified platform.

For enterprises, this means that rather than having to route every workload through a hyperscaler and replacing existing infrastructure, Multiverse adds an efficiency layer above it that enables them to match each workload with the right model and backend, also saving hundreds of millions in the process.

Source: multiversecomputing.com

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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