# Fractile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fractile

- Industry: Hardware
- Headquarters: Newbury, UK
- Website: www.fractile.ai
- Total disclosed funding: $1.2B
- Latest round: Series C (Oct 29, 2026)
- Investors on record: 15

## About

Based in the UK, Fractile Ltd. is a hardware-based company that builds chips to run large language models, two orders of magnitude faster.
Based in Berkshire, UK, and founded in 2022 by Walter Goodwin, Fractile Ltd. is a technology company dedicated to advancing the field of artificial intelligence by addressing computational bottlenecks in running large language models (LLMs).In May 2026, Fractile Ltd raised GBP 183.78 million in series B funding co-led by Factorial Funds, Accel, and Founders Fund, with participation from other new investors Conviction, Gigascale Capital, 01A, Felicis Ventures, Buckley Ventures, Kindred Capital, Oxford Sciences Enterprises, NATO Innovation Fund, Cocoa VC, and 8VC.
Fractile develops specialized hardware designed to eliminate inefficiencies in AI model inference, specifically for large language models. The processor architecture performs all operations, including memory-intensive tasks, directly in memory, reducing compute time. Compared to existing GPU-based systems, Fractile’s technology minimizes the time spent transferring model weights and accelerates inference, achieving faster and more cost-efficient processing. When running LLMs such as Llama2 70B, their processor generates outputs with dramatically reduced latency. This hardware addresses a fundamental challenge in AI systems, enabling the deployment of models with advanced capabilities while lowering operational costs.

## Funding rounds

- Series C, Oct 29, 2026, $719M
- Series B, May 15, 2026, $246M — Accel, Founders Fund, Felicis Ventures, Oxford Sciences Enterprises, Kindred Capital, 8VC, 01A, Buckley Ventures, NATO Innovation Fund, Factorial Funds, Cocoa VC, Conviction, Gigascale Capital
- Series A, May 15, 2026, $218M — In-Q-Tel, Oxford Sciences Enterprises, Kindred Capital, NATO Innovation Fund
- Seed, Jun 3, 2024, $15M — Inovia Capital, Oxford Sciences Enterprises, Kindred Capital, NATO Innovation Fund, Cocoa VC

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Seed, Series B, Series A
- Kindred Capital (https://capitalatlas.ai/funds/kindred-capital) — Seed, Series B, Series A
- NATO Innovation Fund (https://capitalatlas.ai/funds/nato-innovation-fund) — Seed, Series B, Series A
- Cocoa VC (https://capitalatlas.ai/funds/cocoa-vc) — Seed, Series B
- Accel (https://capitalatlas.ai/funds/accel) — Series B
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series B
- 01A (https://capitalatlas.ai/funds/01a) — Series B
- Buckley Ventures (https://capitalatlas.ai/funds/buckley-ventures) — Series B
- Factorial Funds (https://capitalatlas.ai/funds/factorial-funds) — Series B
- Conviction (https://capitalatlas.ai/funds/conviction) — Series B
- Gigascale Capital (https://capitalatlas.ai/funds/gigascale-capital) — Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A