Multiverse Computing raises $215M for tech that could radically slim AI costs

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Here’s a summarized list based on the information provided:

Startup

  • Name: Multiverse Computing

Founders

  • Enrique Lizaso Olmos (Co-founder and CEO)
  • Román Orús (Co-founder and CTO)

Funding Details

  • Fundraise Series: Series B
  • Amount Raised: €189 million (approximately $215 million)
  • Total Raised to Date: Approximately $250 million
  • Date of Announcement: Thursday (specific date not provided)

Investors

  • Lead Investor: Bullhound Capital
  • Other Investors:
    • HP Tech Ventures
    • SETT
    • Forgepoint Capital International
    • CDP Venture Capital
    • Santander Climate VC
    • Toshiba
    • Capital Riesgo de Euskadi – Grupo SPR

Technology

  • Technology Name: CompactifAI
  • Description: Quantum-computing inspired compression technology for LLMs, reducing sizes by up to 95% without performance loss.

Notable Customers

  • Iberdrola
  • Bosch
  • Bank of Canada

Key Information on the Technology

  • Compressed LLMs are available via AWS or for on-premises licensing.
  • Offered "slim" models are significantly faster and cost-efficient compared to non-compressed versions.

Feel free to ask if you need more details!

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2025-06-12 09:00:00