US venture capital firm Forgepoint Capital International has co-led the Series C funding round in which Basque company Multiverse Computing raised €500 million. French banking group BNP Paribas and Luxembourg-based Bullhound Capital co-led this investment round, which also attracted participation from technology companies, strategic investors and sovereign wealth funds, including Santander, Tikehau Capital, HP Inc., Orange, SETT and EIC.

Forgepoint Capital highlighted the Multiverse platform’s ability to deliver efficient AI at scale, “from edge to cloud”, in a landscape where the AI industry is growing faster than the infrastructure it relies on. For the company, the next phase of innovation must make AI far more efficient to train, deploy and use.

Faster, lower cost
Damien Henault, Managing Director of Forgepoint Capital International, sai that Multiverse Computing “optimises AI at scale”, that companies use its platform “to deploy efficient AI models faster and at lower cost”, and that data centres partner with the company “to increase inference capacity and reduce energy consumption on their existing hardware”.

Forgepoint previously participated in last year’s Series B round, in which Multiverse raised nearly €200 million and, as Henault recalled, “We have seen it grow from a quantum research laboratory into a commercial product with the potential to revolutionise the AI training and inference market.”

Efficiency key to next AI phase
Faced with such growth potential, Henault admitted, “Backing Multiverse Computing was an easy decision. It is the only company we have seen with the technology, team and traction needed to become the key efficiency platform for the next phase of AI.”

The executive himself explained that the new funding round will advance Multiverse’s mission to strengthen the entire AI value chain “by accelerating research and development into its AI models and algorithms, investment in its own AI infrastructure and software, and the company’s expansion into key markets in East and Southeast Asia, the Middle East, Canada and the United States”.

Compression, optimisation technology
For Multiverse Computing, this investment reflects its vision that powerful AI should not depend on ever-expanding infrastructure, but should work wherever it is needed, from smartphones, vehicles and factories to enterprise environments and sovereign data centres.

The AI model provider has developed CompactifAI, AI-model compression and optimisation technology that reduces model size by up to 95%, and with negligible loss of accuracy, making models faster, more cost-effective and less energy-intensive. As its CEO and co-founder Enrique Lizaso explained, “For years, the AI industry has accepted a false limitation: that powerful models require costly infrastructure”, but now, he explained, “that limitation has disappeared. We have demonstrated that AI can operate at full capacity on a smartphone, in a sovereign data centre or in a production plant without a cloud connection. This funding round provides the opportunity to bring this proven capability to every sector that needs it.”

Since closing its Series B funding round in June 2025, Multiverse Computing has increased its annualised revenue more than tenfold, achieving a growth rate that ranks it among Europe’s fastest-growing AI labs and infrastructure companies.

^{Photo: Forgepoint Capital}