Monday, 28 September 2026

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James Dacombe
Image: CoMind

The VETTDD 50 · UK startups · 2026

James Dacombe

Founder and CEO, Olix · olix.com ↗

AI inference runs on general-purpose chips that depend on scarce high-bandwidth memory. Olix’s founder has raised $532m in six months to build specialist chips, linked by light, that need none

Series B, August 2026
$312m
valuation at the Series B
$3.3bn
staff across the UK, US and Canada
140+
target for first DX-1 customer deliveries
H2 2027

On VETTDD lists