<ul data-eligibleForWebStory="true">Spanish startup Multiverse Computing raises $215 million in Series B funding for its CompactifAI technology.CompactifAI is a quantum-computing inspired compression technology that reduces the size of LLMs by up to 95%, without affecting model performance.Multiverse offers compressed versions of well-known open-source LLMs like Llama 4 Scout, achieving a 50%-80% reduction in inference costs.Their 'slim' models are faster and more energy-efficient, suitable for applications ranging from PCs to drones.CTO Román Orús, known for his work on tensor networks, co-founded Multiverse with CEO Enrique Lizaso Olmos.The Series B funding round was led by Bullhound Capital, with the participation of HP Tech Ventures and other investors.Multiverse boasts 160 patents and 100 customers globally, including Iberdrola, Bosch, and the Bank of Canada.