Aug 3, 2026
London AI chip startup OLIX raises $312M Series B at $3.3B valuation
OLIX, a two-year-old London-based AI chip startup founded by 25-year-old school dropout James Dacombe, has raised $312 million in Series B funding at a $3.3 billion valuation, tripling its previous valuation. The round was led by Fundomo with participation from Arm, Hudson River Trading, and Netflix co-founder Reed Hastings.
8 sources
00