---
title: "London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from ~$1.1B in May (George Hammond/Financial Times)"
type: signal
url: https://frontiernewswire.com/s/london-based-ai-chip-startup-fractile-raised-720m-from-thrive-founders-517e2ca3
published: 2026-11-11T13:20:56.000Z
byline: "Source: TECHMEME"
---

# London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from \~$1.1B in May (George Hammond/Financial Times)

Source: TECHMEME · Published 2026-11-11 · Canonical: https://frontiernewswire.com/s/london-based-ai-chip-startup-fractile-raised-720m-from-thrive-founders-517e2ca3

George Hammond / Financial Times : London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund, and others, sources say at a $7B post-money valuation, up from \~$1.1B in May — London-headquartered company is one of a clutch of start-ups developing custom semiconductors for AI

## Sources

- [Read the original at TECHMEME](https://www.techmeme.com/261111/p25#a261111p25)

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