UK-based AI chip startup building in-memory compute hardware purpose-built for LLM inference
AI📍 London, UKFounded 2022
Current Valuation
$1.0B
as of 2026-Q2
UNICORN
IPO Outlookprivate
Is Fractile going public?
No. Fractile has no imminent IPO plans on record. It is still private.
What is Fractile's valuation in 2026?
Fractile is valued at $1.0B as of 2026-Q2, set by its Series A (in talks) ($200M, Mar 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Fractile filed an S-1?
No public S-1 is on file for Fractile.
Who are Fractile's investors?
Fractile's investors include Accel (reported lead), Oxford Science Enterprises, Kindred Capital, NATO Innovation Fund, Pat Gelsinger, Stan Boland.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Fractile is a UK-based AI chip startup founded in 2022 by Dr. Walter Goodwin, a then-PhD student at the University of Oxford's Robotics Institute. The company builds in-memory compute (IMC) chips that execute calculations directly inside computer memory, aiming to reduce power consumption and enable cheaper, faster LLM inference at scale. Backed by Oxford Science Enterprises, Kindred Capital, NATO Innovation Fund, and notably former Intel CEO Pat Gelsinger. Reportedly in talks to raise $200M at a $1B valuation led by Accel in early 2026. Announced a £100M ($132M) UK expansion in February 2026 to grow operations in London and Bristol.
Company Profile
CEO
Walter Goodwin
Founded
2022
HQ
London, UK
Employees
~60
Total Raised
$37.5M
Growth
Pre-revenue (chip pre-production)
Last Round
Series A (in talks) — $200M (Mar 2026) · Lead: Accel (reported)
IPO Status
no imminent plans
Fundraising Status
Series A (in talks) · $200M · 5 mo ago
no imminent plansTotal raised $37.5M
Secondary Market
Implied price / share
$9.89
Open interest
4
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series A (in talks)
$200M
Mar 2026
Accel (reported)
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for Fractile — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-08-19. Re-checked weekly.
Talent Signal
Hiring trend
▼ Hiring downtrend
7% of roles posted in last 30d
Open roles
57
via greenhouse
Product-build share
100%
engineering, research, product, design
Trajectory
tightening
heavy product build — 100% of open roles are product-building functions (engineering/research/product) — 37 of 57 open roles are engineering.
Open roles trending down; no tracked executive churn.
Counted from Fractile's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Walter Goodwin
Investors
Accel (reported lead) · Oxford Science Enterprises · Kindred Capital · NATO Innovation Fund · Pat Gelsinger · Stan Boland
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.