# Fractile raises $720M Series C to build AI inference chips

> Original title: With $720M round, Britain’s Fractile gets a leg up in the race for AI chips

- Source: TechCrunch · AI
- Published: 2026-11-11T19:34:55.000Z
- Bad Influence: https://badinfluence.news/items/szqhilvywxdc38ktfeeygnr9b
- Original: https://techcrunch.com/2026/11/11/with-720m-round-britains-fractile-gets-a-leg-up-in-the-race-for-ai-chips/

## Summary

Fractile, a British AI chip startup, has raised a $720 million Series C round backed by Britain's Sovereign AI Fund. The round was led by Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint, and the government put the valuation at over £5 billion. The company plans to ship its first chips and systems next year.