Multiverse Raises $570 Million in Series C Round at $1.7 Billion Valuation

aiai-fundraisingai-infrastructure 3 posts · 3 accounts

Multiverse is raising $570 million in a Series C funding round that increases its valuation to $1.7 billion.

Multiverse will use the capital to power efficient artificial intelligence development from edge devices to the cloud. The round remains open to strategic investors and is co-led by Forge Point Capital, BNP Paribas SIVF and Bullhound Capital, with JPMorgan and Banco Santander CIB advising.

From the sources (3 posts)

@firstsquawk

MULTIVERSE PLANS TO RAISE $570 MILLION IN FUNDING, INCREASING ITS VALUATION TO $1.7 BILLION.

@business

Multiverse is raising $570 million in a funding round that is set to boost its valuation to $1.7 billion

@multiversecompu

🚀 @MultiverseCompu Announces Series C Fundraising Targeting up to $570M (€500M) to Power Efficient AI from Edge to Cloud. The round remains open to select strategic investors. Co-led by @forgepointcap , @BNPParibas SIVF & @BullhoundC . Adv

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