Krux
February 12, 2026
Spanish AI Unicorn Multiverse Chasing €500M at €1.5B Valuation
Published: February 12, 2026 at 5:09 AM
Updated: February 12, 2026 at 5:09 AM
100-word summary
Multiverse Computing is in talks to raise €500 million, pushing its valuation past €1.5 billion and cementing unicorn status in Europe's AI scene. The Spanish startup hit €100 million in annual recurring revenue with CompactifAI—quantum-inspired tech that shrinks LLMs like Llama and Mistral by up to 80% while keeping performance intact. Result? 4–12x faster inference, slashed costs, and edge-device deployment. With 100+ customers and 160 patents, the round (closing H1 2026) brings new backers plus returning investors like HP Tech Ventures. If Multiverse's compression playbook scales, it could flip AI economics—making powerful models accessible beyond cloud giants and redefining who can afford to deploy cutting-edge intelligence.
What happened
Multiverse Computing is in talks to raise €500 million, pushing its valuation past €1.5 billion and cementing unicorn status in Europe's AI scene. The Spanish startup hit €100 million in annual recurring revenue with CompactifAI—quantum-inspired tech that shrinks LLMs like Llama and Mistral by up to 80% while keeping performance intact. Result? 4–12x faster inference, slashed costs, and edge-device deployment. With 100+ customers and 160 patents, the round (closing H1 2026) brings new backers plus returning investors like HP Tech Ventures.
Why it matters
If Multiverse's compression playbook scales, it could flip AI economics—making powerful models accessible beyond cloud giants and redefining who can afford to deploy cutting-edge intelligence.