Reported $220M raised, bringing total funding to roughly $250M since launch in 2024. Valuation reported as above $1 billion. Lead investor name(s) not specified in source. Several investor names were redacted in the original text.
About Olix
London-based startup developing Optical Tensor Processing Units (photonic AI inference chips) combining SRAM with photonics to optimize AI model inference efficiency and lower costs versus traditional GPU/HBM designs.
London, United Kingdom
Read Company ProfileFrequently Asked Questions
What type of funding round did Olix raise?
Olix raised a unspecified round.
How much did Olix raise in its unspecified?
Olix raised $220,000,000 USD in its unspecified.
When did Olix raise its unspecified?
Olix raised its unspecified on 2026-02-13.
What was Olix's valuation after the unspecified?
Olix was valued at $1,000,000,000 USD after the unspecified.
Who invested in Olix's unspecified?
The investors in Olix's unspecified are: Hummingbird Ventures, Entrepreneurs First.
What type of investment was Olix's unspecified?
Olix's unspecified was a equity investment.
How will Olix use the funds from its unspecified?
Olix plans to use the funds for: hire and expand headcount (grow from ~70 to >200 employees), geographic expansion and recruitment across London, Bristol, Austin, San Francisco and Toronto, product development and R&D to ship first products by 2027, scale manufacturing and avoid complex memory/packaging supply chain issues.