Tag: #chip

Venture Capital & Startups

British AI Chip Startup Fractile Secures $720 Million Series C at Over $5 Billion Valuation Backed by U.K. Sovereign AI Fund

Thursday, November 12, 2026 | 00:08

Fractile, a prominent British startup specializing in the development of next-generation artificial intelligence hardware, has successfully raised a massive $720 million Series C funding round. The substantial injection of capital is backed significantly by Britain’s Sovereign AI Fund, a move that the U.K. government highlights as a strategic effort aimed at ensuring the nation secures […]