Fractile raises $720M Series C at a reported $7B valuation before its first chip ships
Led by Thrive, Founders Fund, Lightspeed and Redpoint, the UK inference startup's round includes CapitalG, BlackRock and British state funds.
By Ryan Merket · Published
Primary source: x.com
Why it matters
Fractile has raised about $955M in disclosed funding for an inference chip that will not reach product-scale manufacturing until 2027. The company says its stacked-DRAM design will address the bandwidth and capacity tradeoff in serving large models, as it competes against Nvidia and a field of specialist rivals.
Led by Thrive, Founders Fund, Lightspeed and Redpoint, the UK inference startup's round includes CapitalG, BlackRock and British state funds.
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