Fractile raises $220M Series B at about $1B to take its inference chip to customers

Fractile/Fractile inference chip

Fractile raised $220M led by Accel, Founders Fund and Factorial Funds to bring its chips and systems to customers and hire across London, Bristol, San Francisco and Taipei. It claims up to 25x faster inference for frontier models at a tenth of the cost.

• $220M Series B; other investors include Conviction, Felicis and 8VC.
• Reported valuation of about $1B.
• Hiring in London, Bristol, San Francisco and Taipei.
• Targets long-context reasoning and high-output workloads.