Fractile raises $720M at reported $7B valuation

Published Wednesday, November 11, 2026 · 8:54 AM EST

London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund and other investors, the Financial Times reported, citing sources. The funding values the company at $7B after the investment, up from approximately $1.1B in May. Fractile develops custom semiconductors for AI.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

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