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Latham Advises Lead Investors on Fractile’s US$220 Million Funding Round

May 14, 2026
Significant fundraising aims to build the next generation of inference hardware powering AI.

Latham & Watkins has advised Accel, Factorial Funds, and Founders Fund on the US$220 million Series B funding round of Fractile, a UK-based chip designer building inference hardware to power the next generation of AI.

The round was led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A, Felicis, Buckley Ventures, and 8VC, alongside existing investors.

The Latham team was led by corporate partner Shing Lo, with associates Cyrus Fung and Kathleen Teo.

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