London-based Fractile has raised $220 million in a financing round led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A, Felicis, Buckley Ventures, and 8VC.
Founded in 2022, Fractile is developing chips and systems designed for AI inference, with a focus on improving speed, latency, and economics for frontier AI models. The company said the new funding will accelerate the path to getting its first chips and systems into customers’ hands.
The raise comes as demand for AI infrastructure continues to expand beyond training and toward inference, an area increasingly seen as a key technical and commercial bottleneck as models grow more capable and computationally intensive.
Founded in 2022, Fractile is developing chips and systems designed for AI inference, with a focus on improving speed, latency, and economics for frontier AI models. The company said the new funding will accelerate the path to getting its first chips and systems into customers’ hands.
The raise comes as demand for AI infrastructure continues to expand beyond training and toward inference, an area increasingly seen as a key technical and commercial bottleneck as models grow more capable and computationally intensive.