OLIX Computing Limited

Founded in 2024, by CEO James Dacombe OLIX Computing Limited f. k. a. Flux Corp Ltd is based in England, UK, and focuses on high-performance computing solutions, particularly for AI applications.

In February 2026, OLIX Computing raised USD 220 million in series A funding co-led by Hummingbird Ventures and Plural, with participation LocalGlobe, Transition, Crane Venture Partners, Vertex Ventures, Entrepreneur First, Fundomo Management and Octopus Ventures. OLIX specializes in advanced computing solutions, primarily focused on a novel SRAM-architecture integrated with photonics. This technology enhances throughput per megawatt and total cost of ownership, improving interactivity and reducing latency, especially in artificial intelligence applications. OLIX targets enterprises in AI development and data analytics, providing solutions that meet the demands of high-performance computing.

OLIX's revenue is generated primarily through B2B transactions, where clients partner to integrate OLIX's advanced computing solutions. The revenue structure includes subscription models for ongoing access and licensing agreements for proprietary technologies, facilitating the deployment of OLIX's flagship products that enhance AI capabilities across various sectors. In February 2026, OLIX Computing plans to utilize the USD 220 mn raised in Series A funding to expand its presence in Bristol and advance development of its artificial intelligence chip technology.