Prime Highlights:
- UK chip startup Fractile will invest £100 million over three years to grow its teams and facilities in London and Bristol.
- The new Bristol facility will include a hardware engineering center and testing lab to support advanced computing projects.
Key Facts:
- Fractile was founded in 2022 by Dr. Walter Goodwin and has raised $15 million in seed funding from investors including Kindred Capital and Oxford Science Enterprises.
- The company is backed by high-profile investors such as Stan Boland and Pat Gelsinger, former CEO of Intel.
Background:
UK chip startup Fractile will spend £100 million ($137 million) over three years to grow its business in the UK.
The expansion will increase Fractile’s teams in London and Bristol and include a new hardware engineering facility in Bristol. The new facility will focus on transforming Fractile’s chips into advanced computing systems and will also host a testing lab where companies can trial software built for the next generation of computing infrastructure, according to a statement from the UK’s Department for Science, Innovation, and Technology.
“I am setting Britain’s tech leaders a challenge: promote start-ups, spread opportunities across the country, and embrace calculated risk,” said AI minister Kanishka Narayan.
Founded in 2022 by Dr. Walter Goodwin, then a PhD student at the University of Oxford’s Robotics Institute, Fractile officially emerged from stealth in July 2024. The startup first raised $15 million in seed funding, led by Kindred Capital, Nato Innovation Fund, Oxford Science Enterprises, and several angel investors.
Fractile is backed by investors like Stan Boland and Pat Gelsinger, who joined in January 2025. Boland also serves as a director at Fractile, according to the UK government’s Companies House register.
The company’s expansion is expected to create new job opportunities in both London and Bristol and strengthen the UK’s capabilities in advanced chip manufacturing. Analysts say Fractile’s growth is part of a trend where tech startups invest locally to support new technology and meet growing demand.
Fractile’s plans also show the UK is backing homegrown technology and building its reputation in advanced engineering.
