Multiverse Computing Secures $27M to Pioneer Quantum Software for AI & Finance
Quantum Software Startup Accelerates Growth with Major Funding Round
While physical quantum computers remain years away from mainstream adoption, the race to harness quantum principles for complex computations is heating up. Multiverse Computing, a San Sebastian-based deep tech startup, has raised €25 million (\(27 million) in a funding round led by Columbus Venture Partners, valuing the company at €100 million (\)108 million).
Bridging Quantum Innovation and Industry Applications
Multiverse’s flagship platform, Singularity, applies quantum-inspired algorithms to optimize high-stakes computations across industries like:
- Finance – Risk modeling, portfolio optimization
- Manufacturing – Supply chain logistics, predictive maintenance
- Energy – Grid management, renewable integration
- Cybersecurity & Defense – Encryption, threat detection
The company’s core value proposition? Efficiency through optimization. As computational demands grow exponentially, Multiverse’s software helps enterprises run complex models faster and more reliably.
AI Breakthrough: Compressing Large Language Models
A key focus of Multiverse’s new funding will be CompactifAI, a specialized product designed to streamline large language model (LLM) operations. By leveraging quantum-inspired tensor networks, the company claims it can:
- Reduce LLM size by over 80% without sacrificing accuracy
- Speed up query processing and inference
- Lower computational costs for AI developers
“Our API-driven approach helps AI companies overcome one of the biggest bottlenecks in LLM deployment,” explains CEO Enrique Lizaso Olmos.
From WhatsApp Group to Quantum Frontier
The company’s origins read like a tech founder fairytale:
- 2017: Lizaso Olmos (a medical doctor-turned-computer scientist) and quantum physicists Roman Orus and Samuel Mugel co-authored a speculative paper on quantum finance
- Breakthrough: Their work gained traction at a Toronto academic conference, revealing commercial potential
- Launch: With Alfonso Rubio, they founded Multiverse Computing to bring quantum-inspired solutions to market
Today, the company counts Moody’s Analytics, Bosch, BASF, and BBVA among its clients, with industrial and energy sectors now outpacing financial services in revenue contribution.
Investor Confidence in Quantum’s Future
The funding round attracted both existing and new backers:
- Lead Investor: Columbus Venture Partners
- Participating Investors: Quantonation Ventures, European Innovation Council Fund, Redstone QAI Quantum Fund, Indi Partners
Javier García of Columbus Venture Partners noted: “Multiverse’s team is uniquely positioned to expand into life sciences and biotech markets with quantum-inspired solutions.”
The Competitive Quantum Landscape
While Multiverse carves its niche, it faces competition from:
- Sandbox AQ (Alphabet spinout)
- Quantum Motion (UK-based quantum hardware developer)
- Classiq (Quantum algorithm design tools)
The coming years will test whether quantum software can deliver on its promise to revolutionize computation across industries—and whether Multiverse can maintain its early-mover advantage.
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