Originally published on AI Tech Connect.
What was announced On 3 August 2026, OLIX announced a $312M Series B at a $3.3bn post-money valuation. The euro figures reported alongside it are roughly €270.5M at a €2.8bn valuation; UK coverage put the valuation at more than £2bn. The OLIX Series B, as announced on 3 August 2026. Item Detail Amount$312M Series B Valuation$3.3bn post-money LeadFundomo (New York) ParticipatingArm, Hudson River Trading, UK government Sovereign AI venture fund, existing investors increasing AngelReed Hastings, Netflix co-founder FoundedLondon, 2024 Board additionProfessor Nick McKeown, Stanford emeritus and 2025 Marconi Prize winner First customer deliverySecond half of 2027 The characterisation of this as Europe's largest-ever semiconductor funding round comes from the company and its coverage rather than…
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