Funds will support company’s global expansion and R&D efforts

Brings total commitments from new and existing investors to more than $146 million

Revealed by Arm CEO Rene Haas at Computex

Company’s platform uses lasers to inspect semiconductors without damaging them

Comments made by deputy co-COO Kevin Zhang during company’s Amsterdam Technology Symposium

System is powered by AMD Turin CPUs and Nvidia GH200 superchips

Plus a round up of other quantum computing news

System has been designed to fit inside a conventional 19-inch rack

Series B round was co-led by Accel, Factorial Funds, and Peter Thiel’s Founders Fund

The platform will support AI inference workloads across both public and private European initiatives

Second system deployed by the company in as many months

Company notes the fundraise ranks among the largest quantum Series A rounds globally

Round was co-led by DCVC and Kembara, with participation from new investors British Business Bank and Firgun

McLean has previously worked at Analog Devices, Texas Instruments, and National Semiconductor

Investors in the Series B round included Intel Capital, IQT, and ETF Partners

System’s compute performance is expected to exceed 25 petaflops

Fractile’s hardware not expected to be available until 2027

Technology Secretary Liz Kendall said she will not accept “defeatism” that the hardware race has already been won by the US and Taiwan

System will form part of the IT4LIA AI factory, hosted and operated by CINECA at the DAMA Tecnopolo of Bologna

System was procured by the EuroHPC JU and housed at the University of Linköping

Scheduled to come online in the next few weeks

Project is one of six quantum pilot lines established under the EU Chips Act

Financial details have not been disclosed

System will be delivered in Q4 2026