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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.

    Rivan raises £25m in funding led by IQ Capital to produce synthetic natural gas using renewable energyRivan raises £25m in funding led by IQ Capital to produce synthetic natural gas using renewable energy
    Rivan
    20 Apr 2026

    Rivan raises £25m in funding led by IQ Capital to produce synthetic natural gas using renewable energy

    Rivan is a synthetic fuel company that produces carbon-neutral natural gas using renewable energy and captured CO2. It develops and manufactures systems that enable domestic fuel production for industries reliant on gas infrastructure.

Fundomo
    • Deep Tech
    • Energy
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  • fundomo.com
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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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