Funding round
Multiverse Computing Series A
Multiverse Computing, which works in AI model compression software development in Donostia / San Sebastián, raised $27M in a Series A round announced on 1 Jan 2024. It is Multiverse Computing's third venture round on record; the one before was a Seed in Oct 2021.
$27M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Multiverse Computing did not disclose a valuation in this round. It came 27 months after Multiverse Computing's Seed. It is 3.3% of the $825M Multiverse Computing has raised in the venture rounds on record. Multiverse Computing raised again 17 months later: a Series B round of $215M in Jun 2025. Its next priced round, a Series C in Jul 2026, valued it at $1.70B.
Multiverse Computing's funding rounds
Multiverse Computing has 5 venture rounds on record. This one is highlighted.
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,434 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 2.5 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 3 Jan 2024 | $40M | not disclosed | DigitalBridge |
| Tech Companies | 18 Jan 2024 | $33M | not disclosed | Evolution Equity Partners |
| Tech Companies | 23 Jan 2024 | $28M | not disclosed | Spark Capital |
| Tech Companies | 11 Jan 2024 | $26M | $170M | GV |
| Tech Companies | 1 Jan 2024 | $25M | not disclosed | Sutter Hill Ventures |
| Tech Companies | 23 Jan 2024 | $23M | not disclosed | Saltagen Ventures |
| Tech Companies | 16 Jan 2024 | $20M | not disclosed | Intel Capital |
| Tech Companies | 8 Jan 2024 | $17M | not disclosed | Bertelsmann Investments and Pitango |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Multiverse Computing raise in its Series A round?
Multiverse Computing raised $27M in its Series A round, announced in Jan 2024.
What was Multiverse Computing's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,434 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 2.5 times the median.
Did Multiverse Computing raise again after this round?
Yes: a Series B round in Jun 2025 of $215M.