OLIX

United Kingdom
Newdigate, England, United Kingdom

Company profile

OLIX company profile

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.

Business identity

Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Founded
2024-01-01, Year

Headquarters

Country code
GB
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
2
Total equity funding
$250M
Last funding
Series A / $220M / 2026-02-11
Last equity funding
Series A / $220M
Investors
10
Lead investors
1
Founders
1
Articles
2

Founders and investors

Founders

James Dacombe

Lead investors

Hummingbird Ventures

Investors

Crane Venture PartnersEntrepreneurs FirstLocalGlobeOctopus VenturesVertex Ventures