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European Innovation Council

From GITEX Global to CES: How EIC Accelerator company Multiverse Computing secured a strategic alliance with Axelera AI

  • News article
  • 26 August 2026
  • European Innovation Council and SMEs Executive Agency
  • 1 min read
How EIC awardee Multiverse Computing leveraged international trade fairs to accelerate partnerships, investment and international growth

EIC Accelerator company Multiverse Computing, a Spanish deep-tech innovator specialising in AI model compression technology, has transformed its participation in GITEX Global 2024 and CES 2025 and 2026 through the EIC International Trade Fairs Programme into significant commercial and strategic outcomes. Most notably, the company established a strategic partnership with fellow EIC-backed company Axelera AI, combining its compressed AI models with Axelera AI’s hardware to deliver a complete European on-device AI solution. Participation also contributed to approximately EUR 1 million in revenue, EUR 2 million in new investment, and the expansion of its international commercial pipeline.

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Publication date
26 August 2026
Author
European Innovation Council and SMEs Executive Agency