UK AI chip startup Fractile raises $220M to tackle the growing inference bottleneck

UK company Fractile has today raised a $220M Series B as it continues to build next-generation inference hardware for AI. The round was led by Accel , Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A, Felicis, Buckley Ventures and 8VC. Founded in 2022, Fractile is building next-generation inference hardware for frontier AI.