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 August 2026, OLIX Computing Limited raised USD 312 million in series B funding led by Fundomo Management, with participation from Hudson River Capital Partners, Arm Limited, Hummingbird Ventures, Transition, Crane Venture Partners, Creandum, Plural, Sovereign AI, and LocalGlobe. The series B funding values OLIX Computing Limited at USD 3. 3 billion post-money. 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.

The company plans to use the August 2026 funding to deliver its DX-1 AI chip to launch customers, support manufacturing and supply chain commitments, and expand its engineering teams across the UK and North America.