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Gloved hand placing a processor chip with tweezers onto a circuit board on a lab bench

Fractile Series C: British AI chip start-up raises $720m at a reported $7bn valuation

British AI chip designer Fractile announced a $720 million Series C on 11 November 2026, backed by Thrive, Founders Fund, Lightspeed, Redpoint and two UK state investors. Its first chip is due in 2027.

MTMainstream Tech·Nov 12, 2026·5 min read