Tech News June/2026
1. UK-based AI chip startup Fractile has raised USD 220 million to accelerate the path to getting our first chips and systems into customers’ hands, in a financing round led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, 01A, Felicis, Buckley Ventures and 8VC, alongside its existing backers.
2. Europe is investing billions in AI, semiconductors, and data centres. These investments are meant to strengthen the region’s technological position and reduce external dependencies.
3. Finnish PCB manufacturer Aspocomp closed the first quarter of 2026 with its highest-ever order book, even as revenue and profitability declined against a strong comparison period.
