DevelopingHardware
UK AI chip startup Fractile raises about £540M Series C
Fractile, a UK inference-chip startup, raised a Series C of around £540M on Nov. 11, per Tech.eu, led by Thrive Capital, Founders Fund, Lightspeed and Redpoint. The UK government puts its valuation above £5bn. The May Series B valued it near £820M. Fractile's speed and cost claims (up to 100x faster, 90% cheaper) are its own; chips are due for data centers next year.
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Primary source
Tech.eutech.eu/2026/11/11/lightspeed-and-googles-capital-g-back-fractile-in-ps500m-plus-funding-round/Coverage · 4 articles, oldest first
Wednesday, November 11, 2026