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AI chip startup Fractile raises $720M at $7B valuation

London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, including British government backing, at a $7B post-money valuation, up from about $1.1B in May.

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Timeline · 2 reports

  1. 2026-11-11 15:15 · Reuters AI
    UK-backed AI chip startup Fractile hits $7 billion valuation in funding round
  2. 2026-11-11 13:20 · Techmeme
    London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from ~$1.1B in May

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