FUNDING
Key Metrics
Company Snapshot
OLIX is a Semiconductors company, based in London, United Kingdom. Latest valuation $3.3B (As of Aug 3, 2026, SiliconANGLE).
Recent changes
- Aug 3, 2026Aug 3, 2026Raised $312M Series B at a $3.3 billion valuation The Stack
- Aug 3, 2026Aug 3, 2026Raised $312M Series C at a $3.3B valuation SiliconANGLE
- Aug 3, 2026Aug 3, 2026First reported valuation: $3.3B SiliconANGLE
- Aug 3, 2026Aug 3, 2026New investor: Arm SiliconANGLE
- Aug 3, 2026Aug 3, 2026OLIX's $312M Bet Against Nvidia's Chip Shortage Pulse story
Earlier changes (4)
- Feb 11, 2026Feb 11, 2026Raised $220M Series B at a $1B+ valuation SiliconANGLE
- Feb 11, 2026Feb 11, 2026New investor: Plural SiliconANGLE
- Feb 11, 2026Feb 11, 2026New investor: Vertex Ventures SiliconANGLE
- Feb 11, 2026Feb 11, 2026New investor: LocalGlobe SiliconANGLE
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 3, 2026 | Series B | $312M | $3.3 billion | Pulse story | |
| Aug 3, 2026 | Series C | $312M | $3.3B | ArmReed Hastings | SiliconANGLE |
| Feb 11, 2026 | Series B | $220M | $1B+ | SiliconANGLE |
Investors
Latest Pulse
- Aug 7, 2026This Week's Mega-Rounds, By the NumbersHadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.→
- Aug 4, 2026The Nuclear-Chip IPO Pipeline Nobody's Pricing InValar Atomics at a $6B private valuation and OLIX at $3.3B are both explicitly infrastructure bets, not software -- and neither has a clear public comp set yet, which means whoever lists first effectively prices the entire category.→
- Aug 3, 2026OLIX's $312M Bet Against Nvidia's Chip ShortageOLIX raised $312M to build a photonic inference chip that skips the HBM shortage bottlenecking Nvidia -- backed by Arm, Hudson River Trading and Reed Hastings, and a real signal that the AI chip market is finally getting a credible non-GPU challenger.→
Coverage Timeline
newest firstAll Coverage
FUNDING~$2.13B combined
This Week's Mega-Rounds, By the Numbers
Hadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.
BY THE NUMBERS
IPO
The Nuclear-Chip IPO Pipeline Nobody's Pricing In
IPO
The Nuclear-Chip IPO Pipeline Nobody's Pricing In
Valar Atomics at a $6B private valuation and OLIX at $3.3B are both explicitly infrastructure bets, not software -- and neither has a clear public comp set yet, which means whoever lists first effectively prices the entire category.
FUNDING
OLIX's $312M Bet Against Nvidia's Chip Shortage
FUNDING$312M Series B
OLIX's $312M Bet Against Nvidia's Chip Shortage
OLIX raised $312M to build a photonic inference chip that skips the HBM shortage bottlenecking Nvidia -- backed by Arm, Hudson River Trading and Reed Hastings, and a real signal that the AI chip market is finally getting a credible non-GPU challenger.
Related Companies
Sources & methodologyshow
Where these figures come from
- SiliconANGLEValue Add VC data2 facts
- SiliconANGLEValue Add VC data1 fact
- The StackValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.