The Daily Raise/August 3, 2026
Funding round
Olix raises $312M Series B round
Olix (United Kingdom) has raised $312M in a Series B round, announced on August 3, 2026. The company is Develops advanced chips intended to compete with Nvidia's products. The round was led by Fundomo, with participation from Arm, Hudson River Trading, Reed Hastings, Sovereign AI fund.
Olix raised a $312 million Series B to develop its chip products and bring them to customers next year.
Company
Olix
Amount
$312M (~$312M)
Round
Series B
Sector
Semiconductors
Country
United Kingdom
Announced
August 3, 2026
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This deal appeared in The Daily Raise, August 3, 2026. Get the next edition in your inbox.
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