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Fractile, a London-based startup, has raised £5 million in funding from the Advanced Research + Invention Agency (ARIA). Founded by AI PhD Walter Goodwin, the company specialises in designing innovative AI chips focused on efficient inference for AI models. Fractile’s unique approach addresses challenges in AI computing, such as scalability and energy efficiency, leveraging in-memory compute technology to enhance performance and lower costs.
The company’s recent achievements include building a strong team with senior hires from NVIDIA, Arm, and Imagination, positioning Fractile as a major player in the AI hardware landscape. The funding will accelerate Fractile’s R&D efforts, supporting the development of systems that push AI performance to new heights.
Current investors include ARIA, with previous backing from Kindred Capital, NATO Innovation Fund, and OSE, and contributions from Cambridge tech pioneers Stan Boland and Hermann Hauser.
