Olix

Hardware · London, GB

Develops the Optical Tensor Processing Unit (OTPU), a photonic accelerator for AI inference.

Founders

James Dacombe (United Kingdom · ♂) — After founding brain-monitoring startup CoMind as a teenager, he founded Olix in 2024 to develop photonic AI inference chips that rival Nvidia without needing HBM.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Feb 2026	Funding round London-based Olix raised $220 million led by Hummingbird Ventures, passing a billion-dollar valuation, for its photonic AI inference chips.	$220M

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