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Industry

Solivis raises 23 billion won in Series C funding

Solivis said on Wednesday it has completed a 23 billion won Series C funding round to advance sulfide-based solid electrolyte technology and expand production capacity. Openwater Investment and Seulgi Asset Management participated. The company said it has raised a cumulative 65.2 billion won since it was founded in 2020. It was also selected for the Ministry of SMEs and Startups’ 2026 support programmes, “Super Gap Global Deep Techs” and “Unicorn Bridge.”

AI & Enterprise

Multiverse Computing raises $570 million to expand AI model compression technology

Spanish company Multiverse Computing said on July 27 it raised $570 million, about 500 million euros, in a Series C funding round. The company’s valuation rose fivefold compared with its Series B round in 2025. The investment was co-led by Forgepoint Capital International, BNPP SIVF and Bullhound Capital. Multiverse Computing’s core technology, CompactifAI, uses tensor networks from quantum physics to reduce large language model size by 80 to 95 percent while minimising accuracy loss.

Crypto

Gauntlet raises $125 million in Series C to expand stablecoin-supported currencies

Crypto yield curator Gauntlet raised $125 million in a Series C round. A recent report by The Block said Japan\'s SBI Holdings made the sole investment through its U.S. subsidiary, SBI Holdings USA. Gauntlet plans to use the funds to expand stablecoin-supported currencies beyond the dollar and euro to include the Mexican peso and Japanese yen. It also plans to launch new on-chain products and expand its global team with AI-assisted operations.