Series B funding

Fractile raised $220 million in Series B funding co-led by Accel, Factorial Funds, and Peter Thiel's Founders Fund to develop AI inference chips. This significant investment targets the growing demand for specialized hardware to run AI models efficiently.

QuantWare raised $178 million in Series B funding to support development of its VIO quantum processor, with investors including Intel Capital, IQT, and ETF Partners. This significant funding round demonstrates continued investor confidence in quantum computing technology despite market uncertainties.