Krux
February 12, 2026
Spanish AI Startup Chasing €500M Unicorn Round
Published: February 12, 2026 at 5:09 AM
Updated: February 12, 2026 at 5:09 AM
100-word summary
Multiverse Computing is negotiating a €500 million funding round that would value the Spanish quantum-AI company at over €1.5 billion, with a close expected in H1 2026. The startup's secret sauce? CompactifAI tech that shrinks large language models by up to 95% with minimal accuracy loss, slashing costs and enabling edge deployment. Investors remain undisclosed, but the deal reflects Europe's deep-tech funding boom. If successful, this could accelerate the race to make AI deployment radically cheaper and more accessible beyond cloud giants.
What happened
Multiverse Computing is negotiating a €500 million funding round that would value the Spanish quantum-AI company at over €1.5 billion, with a close expected in H1 2026. The startup's secret sauce? CompactifAI tech that shrinks large language models by up to 95% with minimal accuracy loss, slashing costs and enabling edge deployment. Investors remain undisclosed, but the deal reflects Europe's deep-tech funding boom.
Why it matters
If successful, this could accelerate the race to make AI deployment radically cheaper and more accessible beyond cloud giants.