Spanish artificial intelligence startup Multiverse Computing has just raised a staggering €189 million ($217 million) to revolutionize how large language models (LLMs) are built and deployed. The round was backed by a powerhouse group of investors, including Bullhound Capital, HP Inc, Forgepoint Capital, and Toshiba.
What makes this funding round especially exciting? Multiverse claims it can shrink the size of AI models by up to 95% — all without sacrificing performance. Even better, their technology can cut operational costs by as much as 80%, a game-changer in a world where running massive AI models costs millions in computing power.
At the heart of their innovation is a new kind of model compression technology. It blends quantum physics-inspired methods with machine learning, but it doesn’t actually require a quantum computer to function. Instead, it cleverly simulates quantum behaviors to achieve dramatic efficiency improvements.
Multiverse’s CEO, Enrique Lizaso Olmos, said the company is focused on compressing the most widely used open-source LLMs — the kinds that companies are already using in real-world applications. “When you go to a corporation, most of them are using the Llama family of models,” he noted.
So far, the startup has released compressed versions of well-known models such as:
- Meta’s Llama
- China’s DeepSeek
- France’s Mistral
And more models are on the way, the company promises.
These compressed models are already available for deployment via the Amazon Web Services (AWS) AI Marketplace, making them easily accessible to enterprises looking to scale AI while managing resources more effectively.
This massive funding round propels Multiverse into the top tier of European AI startups, standing alongside names like Mistral, Aleph Alpha, Synthesia, Owkin, and Poolside. It’s also a proud moment for Spain, as Multiverse now holds the title of Spain’s largest AI startup.
With AI usage exploding globally, tools that make models smaller, faster, and cheaper — without giving up accuracy — are exactly what the industry needs. Multiverse seems to have cracked the code, and with this fresh funding, they’re poised to change how the world builds and runs AI.
