UK-backed AI chip startup Fractile hits $7 billion valuation after $720M Series C
This story is from 2026-11-11. It is preserved in the archive; the latest stories are on the live feed.
London-based AI chip designer Fractile raised $720 million in a Series C round, reaching a $7 billion valuation. The round included participation from the UK government's Sovereign AI venture fund and the British Business Bank.
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Timeline · 4 reports
- 2026-11-13 08:03 · AI Insider
UK-Backed AI Chip Startup Fractile Reaches $7B Valuation in $720M Series C - 2026-11-12 12:17 · Data Center Dynamics
UK chip startup Fractile valued at $7bn following $720m Series C funding round - 2026-11-11 19:31 · The Next Web
London’s Fractile raises $720M for memory-first AI chips and hits $7B valuation - 2026-11-11 15:15 · Reuters AI
UK-backed AI chip startup Fractile hits $7 billion valuation in funding round