London-based AI chip startup Olix raised $312M led by Fundomo, with participation from Arm, at a $3.3B valuation, up from $1B+ after raising $220M in February (Tim Bradshaw/Financial Times)
Olix’s valuation has roughly tripled in months, before its first AI chip has shipped.
The London startup raised $312 million in a round led by Fundomo, with Arm also participating. Techmeme’s note says Olix is now valued at $3.3 billion, up from more than $1 billion after a $220 million raise in February. The company is positioning its AI chip and photonic systems work as a challenge to Nvidia. Techmeme's note
The London startup raised $312 million in a round led by Fundomo, with Arm also participating. Techmeme’s note says Olix is now valued at $3.3 billion, up from more than $1 billion after a $220 million raise in February. The company is positioning its AI chip and photonic systems work as a challenge to Nvidia. Techmeme's note
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