OLIX Computing develops high-performance computing technology for AI applications.
Founded in 2024 by CEO James Dacombe, OLIX Computing Limited, formerly Flux Corp Ltd, develops computing solutions combining SRAM architecture and photonics. It is based in England, UK. In August 2026, it raised USD 312 million in Series B funding at a USD 3.3 billion post-money valuation, 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.
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