Story perspectives

Multiverse Computing Seeks €500 Million for AI Expansion

2/11/2026

Summary

Story summary

Multiverse Computing SL, a Spanish AI software firm, aims to raise €500 million ($595 million) in funding, potentially valuing the company at over €1.5 billion.
The funding round is expected to conclude in the first half of 2026 and will attract new investors.
Founded in 2019, the company reported annual recurring revenue of €100 million in January.
Multiverse Computing focuses on enhancing AI efficiency and reducing energy consumption while partnering with major hardware manufacturers for quantum computing.
Existing investors include HP Tech Ventures and the Spanish government's SETT.

1 of 1

Story summary

Multiverse Computing SL, a Spanish AI software firm, aims to raise €500 million ($595 million) in funding, potentially valuing the company at over €1.5 billion.
The funding round is expected to conclude in the first half of 2026 and will attract new investors.
Founded in 2019, the company reported annual recurring revenue of €100 million in January.
Multiverse Computing focuses on enhancing AI efficiency and reducing energy consumption while partnering with major hardware manufacturers for quantum computing.
Existing investors include HP Tech Ventures and the Spanish government's SETT.