Multiverse Computing
Category: AI Infrastructure
A global leader in quantum and quantum-inspired software, specializing in tensor network-based AI model compression and industrial optimization solutions. Multiverse Computing was founded in 2019. The company is led by Enrique Lizaso Olmos. Based in San Sebastián, Spain. Team size: 160-170. Total funding raised: $326.0M. Latest round: Series B. Key investors include Bullhound Capital, Columbus Venture Partners, Quantonation, Forgepoint Capital, European Innovation Council (EIC), Iberdrola (Perseo), HP Tech Ventures.
AMW Analysis
Multiverse Computing, founded in 2019 and based in San Sebastián, Spain, develops quantum and quantum-inspired software focused on tensor network-based AI model compression and industrial optimization, aiming to deliver quantum-level computational efficiency on classical hardware. Since its Series B, backed by investors including Bullhound Capital, Columbus Venture Partners, Quantonation, Forgepoint Capital, the European Innovation Council, Iberdrola's Perseo, and HP Tech Ventures, the company has raised total funding of $326.0 million.
Recent news flow shows accelerating momentum around its CompactifAI compression platform, which the company says reduces the memory footprint of large language models such as Llama 2 7B by up to 93 percent while maintaining accuracy, and cuts inference costs. In February 2026, Multiverse Computing released HyperNova 60B 2602 for free on Hugging Face, described as offering better reasoning than Mistral 3 Large with significantly reduced memory usage. Reports at the time also referenced a fundraising process, and the company subsequently announced a $570 million Series C at a $1.7 billion valuation, marking a substantial step up from its prior funding stage.
AMW analysis, generated from 5 tracked news signals.
- Founded
- 2019
- Headquarters
- San Sebastián, Spain
- Team size
- 160-170
- Total funding
- $326.0M
Value proposition
Delivers quantum-level computational efficiency on classical hardware today, enabling enterprises to run complex optimizations and massive AI models with significantly reduced energy, memory, and cost.
Products and solutions
Singularity: A user-friendly platform for quantum-inspired optimization and insurance/finance modeling., CompactifAI: A tool using tensor networks to compress Large Language Models (LLMs), reducing size and power consumption by up to 90%+., Foresight: A solution for creating digital twins and performing large-scale industrial simulations., Quantum-Inspired Cybersecurity: Advanced algorithms for threat detection and cryptographic resilience.
Unique value
The company is a pioneer in applying 'Tensor Networks'—a mathematical framework derived from quantum physics—to classical data problems, allowing for 'quantum' benefits without waiting for fault-tolerant quantum hardware.
Target customer
Fortune 500 companies, financial institutions, energy providers, aerospace manufacturers, and AI labs/developers.
Industries served
Finance and Banking, Energy and Utilities, Manufacturing and Industry 4.0, Aerospace and Defense, Artificial Intelligence (Infrastructure)
Technology advantage
Hardware-agnostic approach; their software runs on current CPUs and GPUs but is 'quantum-ready,' providing a seamless transition path as quantum processors (QPUs) mature.
How they differentiate
Proprietary use of 'Tensor Networks' to deliver quantum-level computational efficiency on classical hardware today, specifically through CompactifAI which compresses LLMs by over 90% without significant accuracy loss.
Main competitors
Zapata AI, Terra Quantum, QC Ware, Neural Magic
Key partnerships
NVIDIA (Inception program and GPU integration), IBM Quantum (Network partner), Microsoft Azure Quantum & AWS Braket (Cloud distribution), Industrial collaborators: Bosch, BASF, and Iberdrola, Hardware partners: IQM, Pasqal, and ORCA Computing
Notable customers
BBVA, BASF, Bosch, Iberdrola, Credit Agricole, European Space Agency (ESA)
Major milestones
Winner of the DigitalEurope Future Unicorn Award 2024, Launch of CompactifAI for large-scale LLM compression and efficiency, Secured €189M Series B funding in June 2025 to scale AI infrastructure, Reported seeking a €500M funding round in February 2026 for global expansion
Growth metrics
Team size of 160-170 employees; over 100 patent applications filed; recognized as a Gartner Cool Vendor.
Market positioning
Global leader in quantum-inspired AI infrastructure and industrial optimization software.
Geographic focus
Global (Headquartered in Spain with major operations in Canada, France, Germany, United Kingdom, and the United States).
Patents and IP
Maintains a robust IP strategy with over 100 patent applications filed globally, primarily focused on tensor network methods, quantum algorithm optimization, and efficient AI training techniques.
About Enrique Lizaso Olmos
Enrique Lizaso Olmos has over 20 years of experience in finance and banking, notably serving as the Deputy CEO of Unnim Bank. He is a serial entrepreneur, having founded BlockTac (blockchain) and OmnixHealth (international health insurance). He holds a multidisciplinary academic background with a PhD in Biostatistics, an M.D., and an MBA. He is a prominent figure in the quantum ecosystem, serving as a leadership board member for the European Quantum Industry Consortium (QuIC).
Latest news about Multiverse Computing
- Multiverse Computing raises $570M Series C at $1.7B valuation for LLM compression tech
- Spanish startup Multiverse Computing released HyperNova 60B 2602 for free on Hugging Face, delivering 1.9x better reasoning than Mistral 3 Large with 92% less memory usage. Their quantum-inspired Comp
- Spanish AI startup Multiverse Computing released HyperNova 60B 2602, a free compressed AI model now available on Hugging Face. At 32GB and 50% smaller than OpenAI's gpt-oss-120B, it claims to beat Mis
- Multiverse Computing is raising 500 million euro at a 1.5 billion euro valuation, joining Europe's AI unicorn ranks. With ARR hitting 100 million euro in January, their software compresses LLMs by 95
- Multiverse Computing is raising 500 million Euro at a 1.5 billion Euro valuation to scale its tensor network-based compression technology. Its CompactifAI platform reduces the memory footprint of mode
More AI Infrastructure companies
Official website: https://multiversecomputing.com/
