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OLIX

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Formerly known as Flux | Optical compute infrastructure for frontier AI

London, United KingdomFounded 2024Semiconductors
Valuation $2.5–5B Last recorded · 2026
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for OLIX and the history behind them.

About OLIX

Flux is positioned to address the escalating computational demands of the artificial intelligence sector. The company designs and manufactures optical processors specifically engineered for training and running inference on large AI models. This technology is presented as an alternative to traditional silicon-based chips, such as GPUs.

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The core value proposition centers on overcoming the anticipated limitations of current computing capacity, which struggles to keep pace with the growth of AI. Flux's optical computing solutions aim to deliver higher performance while consuming significantly less energy, thereby addressing the physical and power constraints associated with scaling silicon-based infrastructure.

The business model appears to be focused on the design and manufacturing of specialized hardware. The target market consists of entities developing or deploying large-scale AI, which are facing challenges with the cost and energy requirements of existing computing hardware. The company is establishing its operations in London's King's Cross AI hub.

Source: Dealroom company data

At a glance

Founded
2024
Headquarters
London, United Kingdom
Sector
Semiconductors
Power Law
Unicorn$1–10B valuation tier

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A13 investors entered at this stage

  • Hummingbird Ventures
  • Plural
  • LocalGlobe
  • Vertex Ventures
  • Entrepreneurs First
  • Fundomo
  • ARM
  • Hudson River Trading
  • Reed Hastings
  • Crane Venture Partners
  • Creandum
  • Phoenix Court Group
  • Transition

Series B and later8 investors entered at this stage

  • Creandum
  • Phoenix Court Group
  • Reed Hastings
  • Fundomo
  • Crane Venture Partners
  • ARM
  • Hudson River Trading
  • Transition
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇬🇧 United Kingdom81.7%
🇺🇸 United States11.3%
🇨🇦 Canada2.8%
🇦🇲 Armenia1.4%
🇩🇪 Germany1.4%
Top 5 of 6 shown
Web traffic by country
13K monthly visits
across markets
🇬🇧 United Kingdom49.2%
🇺🇸 United States26.9%
🇦🇲 Armenia11.5%
🇮🇳 India4.6%
🇨🇦 Canada2.3%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OLIX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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