Fractile
Category: AI Infrastructure
Develops advanced AI chips using a novel in-memory compute approach to supercharge AI model inference. Fractile was founded in 2022. The company is led by Dr. Walter Goodwin. Based in London, UK. Team size: Growing. Total funding raised: $17.5 million. Latest round: $15 million Seed funding round. Key investors include Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises, Cocoa, Inovia Capital, Angel investors (e.g., Stan Boland, Amar Shah).
- Founded
- 2022
- Headquarters
- London, UK
- Team size
- Growing
- Total funding
- $17.5 million
Value proposition
Delivers AI inference up to 100x faster and 10x cheaper than conventional GPUs, with significant gains in energy efficiency and reduced power consumption
Products and solutions
Next-generation AI chip for inference acceleration
Unique value
Utilizes an in-memory compute design that integrates processing directly within memory, eliminating the latency of traditional data shuttling between processor and memory
Target customer
Organizations and enterprises in tech, research, and data analytics seeking high-performance and energy-efficient AI inference solutions
Industries served
Artificial Intelligence, Data Analytics, Robotics
Technology advantage
Achieves transformational performance improvements – 100x faster processing, 10x cost reduction, and up to 20x better energy efficiency for AI inference workloads
How they differentiate
Focuses exclusively on solving AI inference bottlenecks with its distinct in-memory compute technology that outperforms traditional GPU-based solutions in speed, cost, and energy efficiency
Main competitors
Nvidia, AMD, Intel, Large tech firms (e.g., Google, Microsoft, Meta) developing proprietary AI processors
Key partnerships
Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises, Cocoa, Inovia Capital, Angel investors including Stan Boland and Amar Shah
Major milestones
Exited stealth mode Secured $15 million seed funding Developed and validated a novel in-memory compute approach for AI inference
Growth metrics
Rapid team expansion and accelerated product development following recent seed funding
Market positioning
Positioned as a disruptive startup challenging the GPU-dominated AI hardware market
Geographic focus
Global market with strategic emphasis on the UK
Patents and IP
Not explicitly disclosed in public sources
About Dr. Walter Goodwin
Founder and CEO of Fractile since 2022. Previously completed a PhD in Artificial Intelligence and Robotics at the University of Oxford.
Official website: https://www.fractile.ai/