OLIX: Funding, Investors & Team (Sep 2026)

OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reduce power consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.

OLIX has raised $532M across 2 rounds on record. The most recent is a Series B of $312M announced in Aug 2026.

OLIX's most recent funding round on record is a Series B of $312M, announced in Aug 2026.

Investors on record for OLIX include Hummingbird Ventures, Creandum, LocalGlobe, Entrepreneurs First, Vertex Ventures. FundedIQ records 15 investors in total.

FundedIQ lists James Dacombe (Founder) at OLIX.

OLIX is based in London, England, United Kingdom.

OLIX is in the 51-100 employee band.

OLIX was founded in 2024.

OLIX's latest round of $312M is above the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.