Spain’s Multiverse Raises $217m

Spanish startup Multiverse Computing has raised €189 million ($217 million) to scale its breakthrough AI compression technology, CompactifAI, which shrinks large language models (LLMs) by up to 95 per cent with no performance loss.

The San Sebastián-based firm announced the Series B funding on June 12, led by Bullhound Capital, with support from HP Inc, Forgepoint Capital, Toshiba, and several public-private European investors.

CEO Enrique Lizaso Olmos said:

“What started as a breakthrough in model compression quickly proved transformative – unlocking new efficiencies in AI deployment.” (Cited by MultiverseComputing.com).

The tool, which is inspired by quantum mechanics, can reduce AI inference costs up to 80 percent and run models on smaller machines like smartphones, drones and Raspberry Pi.

There are already compressed versions of Llama DeepSeek Mistral available. Multiverse, says Bullhound’s Per Roman (a senior AI analyst), is a key part of “European autonomy” in AI.

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