
The VETTDD 50 · UK startups · 2026AI and data
Danyal Akarca
Co-founder and CEO, Callosum · callosum.com ↗
Callosum’s software sends each AI workload to the chip best suited to run it. Within six months of leaving stealth, its chief executive had the UK government and Atomico behind a $100m seed
- seed round, August 2026
- $100m
- first equity investment of the Sovereign AI Unit
- Apr 2026
- pre-seed, disclosed on leaving stealth
- $10.25m
- company incorporated
- Nov 2024
Danyal Akarca is co-founder and chief executive of Callosum, which he founded with Jascha Achterberg. The company was incorporated in London in November 2024. The two met while studying for PhDs at Cambridge, where their research looked at how the brain achieves intelligence by combining specialized circuits rather than repeating one kind of neuron.
Many chips, one system
Callosum applies that idea to AI infrastructure. Its software optimizes AI models and chips together, sending each workload to the hardware best suited to run it rather than assuming one model or one kind of processor will do everything. Its hardware partners include Cerebras, Rebellions of South Korea, Axelera of the Netherlands, the UK’s Tendrils and Supermicro, and it works with Oriole Networks and Lumai in the Scaling Inference Lab at the Advanced Research and Invention Agency (ARIA).
“The industry has been betting that one model or one kind of chip will rule them all,” Akarca said in August.
Backed by the state and Atomico
Callosum came out of stealth in early 2026 with a $10.25m (£7.6m) pre-seed round. On 16 April 2026 the government’s £500m Sovereign AI Unit named it as the recipient of its first equity investment, one of seven UK AI companies it backed that day. “The future of compute is heterogeneous, and making that complexity usable is the next frontier,” Akarca said at the time.
On 20 August 2026 Callosum announced a $100m (£75m) seed round led by Atomico, with AlbionVC, Plural, DCVC and UK Sovereign AI taking part. It came less than six months after the company left stealth.
Why it matters to UK buyers
The cost of running AI, and the reliance on a single dominant chip supplier, are growing concerns for UK organizations planning AI budgets. Software that can spread work across chips from several vendors could give buyers and the cloud and data center providers that serve them more choice on price and supply. For the UK, Callosum is also a test of the government’s aim to back domestic companies in the AI stack rather than only buy compute from abroad.
Akarca has moved from a Cambridge research question to a government-backed company with a $100m seed in under two years. If its approach works at scale, UK buyers may be able to pay less for AI compute without being tied to one chip vendor.
Danyal Akarca’s leader profile →The full 2026 list →
- GOV.UK, AI firms pioneering drug discovery, cheaper supercomputing and more get first backing through UK’s Sovereign AI, 16 April 2026
- AlbionVC, Callosum raises $100m seed round to build the intelligent systems layer for the heterogeneous era of AI, 20 August 2026
- BusinessCloud, Cambridge scientists raise $100m to model AI on the brain, 21 August 2026
- Companies House, CALLOSUM LTD (16076949), incorporated 13 November 2024