# Fractile funding: rounds and investors

> Fractile has raised $960M across 6 rounds since 2023. Investors include Inovia Capital, Lightspeed Venture Partners and Accel. Every round with its source.

Source: https://millionrounds.com/company/fractile (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Fractile*

6 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Hardware & Electronics Semiconductors

Raised this month

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Funding summary Updated 5 Nov 2026

**$960M** raised across 6 rounds since 2023, from 8 sources

**$220M** Series B **$700M** Series C

- **Latest round:** Series C, $700M Oct 2026
- **Led by:** Lightspeed Venture Partners and Redpoint
- **Step-up i:** 3.2×
- **Investors:** 16 (5 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025 2026

**$2.4M** Seed

**$15M** Seed

**$329K** Seed

**$23M** Venture

**$220M** Series B

**$700M** Series C

- **First round:** Seed, $2.4M
- **Biggest round:** $700M
- **Usual gap between rounds:** 8 months

## The rounds

- **Oct 2026** Series C **$700M** *4 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Redpoint](https://millionrounds.com/fund/redpoint) Lead [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Sovereign AI Fund](https://millionrounds.com/fund/sovereign-ai-fund) Reported by Tech Funding News and 2 others
- **May 2026** Series B **$220M** *9 new* *1 returning* [Accel](https://millionrounds.com/fund/accel) Lead [Founders Fund](https://millionrounds.com/fund/founders-fund) Lead [Factorial Funds](https://millionrounds.com/fund/factorial-funds) Lead [Felicis](https://millionrounds.com/fund/felicis-ventures) [8VC](https://millionrounds.com/fund/8vc) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Buckley Ventures](https://millionrounds.com/fund/buckley-ventures) [Conviction](https://millionrounds.com/fund/conviction-4) [Gigascale](https://millionrounds.com/fund/gigascale) [O1A](https://millionrounds.com/fund/o1a) Reported by Ventureburn
- **Jan 2026** Venture **$23M** *3 new* [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) Source recorded
- **Jan 2025** Seed **$329K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2024** Seed **$15M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2023** Seed **$2.4M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Fractile filed 9 raises, $319M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$6.7M** UK share allotment
- Jul 2026 **$49M** UK share allotment
- May 2026 **$246M** UK share allotment
- Jan 2025 **$329K** UK share allotment
- Jun 2024 **$4.6M** UK share allotment
- Jun 2024 **$511K** UK share allotment
- Jun 2024 **$9.5M** UK share allotment
- Jun 2024 **$127K** UK share allotment
- Feb 2023 **$2.4M** UK share allotment

## Founders and team

From Fractile's own website: 1 founder, 7 on the team.

**Walter Goodwin** Founder & CEO

- **Alan Alexander** Chief Architect
- **Matt Arnold** CFO
- **Carmen Alfonso Rico** VP Business Operations
- **Melanie Postepski** Head of People and Talent
- **Chris Morgan** General Counsel
- **David Page** Distinguished Engineer (AI)
- **Steve Felix** Distinguished Engineer - IC

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2023 **Seed** 2024 **Seed** 2025 **Venture** 2026 **Series B** 2026 **Series C** 2026 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Accel](https://millionrounds.com/fund/accel) L [Founders Fund](https://millionrounds.com/fund/founders-fund) L [Redpoint](https://millionrounds.com/fund/redpoint) L [Factorial Funds](https://millionrounds.com/fund/factorial-funds) L [Felicis](https://millionrounds.com/fund/felicis-ventures) [8VC](https://millionrounds.com/fund/8vc) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises)

## Everyone who backed them

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **2** rounds

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round, led 1

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round, led 1

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round, led 1

[Redpoint](https://millionrounds.com/fund/redpoint) VC firm **1** round, led 1

[Factorial Funds](https://millionrounds.com/fund/factorial-funds) VC firm **1** round, led 1

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round

[8VC](https://millionrounds.com/fund/8vc) VC firm **1** round

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round

[Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) VC firm **1** round

[Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) VC firm **1** round

[Buckley Ventures](https://millionrounds.com/fund/buckley-ventures) VC firm **1** round

[Conviction](https://millionrounds.com/fund/conviction-4) VC firm **1** round

[Gigascale](https://millionrounds.com/fund/gigascale) Growth equity **1** round

[O1A](https://millionrounds.com/fund/o1a) Growth equity **1** round

[Sovereign AI Fund](https://millionrounds.com/fund/sovereign-ai-fund) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fractile).

## Also claim to have backed them

These 3 firms list Fractile as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Gigascale Capital](https://millionrounds.com/fund/gigascale-capital) VC firm Per its own site

[Josh Buckley](https://millionrounds.com/fund/josh-buckley) Angel Per its own site

[Cocoa Ventures](https://millionrounds.com/fund/cocoa-ventures) Angel network Per its own site

## Quick answers about Fractile

### Who invested in Fractile?

Fractile's investors include Inovia Capital, Lightspeed Venture Partners, Accel, Founders Fund and Redpoint, and 11 more on record. Lightspeed Venture Partners led its latest round.

### How much has Fractile raised?

Fractile has raised $960M across 6 rounds since 2023.

### When did Fractile last raise?

Fractile's most recent round was a Series C of $700M in Oct 2026, led by Lightspeed Venture Partners.

### What was Fractile's biggest round?

Its most recent round, $700M in Oct 2026, is also its largest on record.

### Who backed Fractile first?

Fractile's first round on record, in Jan 2026, was backed by Inovia Capital, Oxford Science Enterprises and Kindred Capital.

### What stage is Fractile at?

Fractile's latest named round is a Series C, in Oct 2026.

### Where is Fractile based?

Fractile is based in the United Kingdom.

### Who led Fractile's rounds?

Accel led the Series B in 2026; Lightspeed Venture Partners led the Series C in 2026.

## Companies like Fractile

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)[**Easol** $55M · Oct 2026](https://millionrounds.com/company/easol)[**SAVA** $21M · Oct 2026](https://millionrounds.com/company/sava)

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