ChainCatcher message: The Spanish AI company Multiverse Computing announced that it has completed a €500 million ($570 million) Series C financing round. Pre-money valuation was €1.5 billion ($1.7 billion), up 5x from its Series B valuation.

The company focuses on sovereign and efficient AI. This round was jointly led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital.