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    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token productionOLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
    Olix
    3 Aug 2026

    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production

    OLIX designs custom silicon and optical interconnect for AI inference, using a specialised chip for each stage of token production rather than running every stage on the same general purpose chip. The X-1 platform unrolls models across a large number of chips so that each chip handles a single part of the model, targeting lower cost and latency for the providers running frontier AI models.

    Wayve secures £44m Series D extension from VC investors to advance fully driverless tech platformWayve secures £44m Series D extension from VC investors to advance fully driverless tech platform
    Wayve
    17 Apr 2026

    Wayve secures £44m Series D extension from VC investors to advance fully driverless tech platform

    Wayve develops software for autonomous driving that enables vehicles to navigate without relying on high-definition maps. Its system is designed to work across different vehicle types and hardware platforms for automated driving.

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More venture news

  • Breedr unlocks £20m Series B led by Partech to digitalise the global cattle supply chain
    Breedr
    26 Aug 2026

    Breedr unlocks £20m Series B led by Partech to digitalise the global cattle supply chain

    Series BAgriculture
  • OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
    Olix
    3 Aug 2026

    OLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production

    Series BDeep Tech
  • Mironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases
    Mironid
    5 Aug 2026

    Mironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases

    Series BLife Sciences

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