Multiverse Computing Secures Major Series C Investment
Multiverse Computing, a San Sebastian-based AI technology company, has successfully raised €500 million in a Series C funding round. The investment round, which took place on July 27, 2026, aims to bolster the company’s AI platform that enables organizations to run secure, production-ready AI solutions while minimizing compute costs and maintaining control across various environments.
Investment Details
The Series C funding was co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital. A diverse group of investors participated, including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, National Bank of Canada's NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, Hazten Scale-Up Fund, and Kutxa Fundazioa.
Leadership and Vision
Multiverse Computing was founded by Enrique Lizaso Olmos, who also serves as the CEO. Michel Kurek is the CEO of the company's operations in France. The company, established in 2019, focuses on developing AI technologies that challenge the traditional constraints of requiring expensive infrastructure. "The AI industry has accepted a false constraint for years — that powerful models require expensive infrastructure," said Enrique Lizaso Olmos. "That constraint is gone."
Strategic Use of Funds
The newly secured funds will be directed towards advancing Multiverse Computing's AI technologies. The company plans to scale its operations and enhance its platform, demonstrating that AI can perform at full capacity even on devices with limited resources, such as smartphones or factory floors without a cloud connection.
Conclusion
This significant funding round underscores the growing interest and investment in AI technologies that prioritize efficiency and data sovereignty. With this capital injection, Multiverse Computing is well-positioned to expand its reach and continue innovating in the AI space.