Spanish AI company Multiverse Computing completes a 500 million euro Series C funding round at a valuation of 1.5 billion euros

Spanish AI company Multiverse Computing announced the completion of a €500 million ($570 million) Series C funding round, with a pre-money valuation of €1.5 billion ($1.7 billion), a 5-fold increase from its Series B valuation.

The company focuses on sovereign and efficient AI, and this round of financing was co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital.