European Sovereignty Monitor

Compute and infrastructure

London chip startup Olix raises USD 312 million at USD 3.3 billion valuation

London based AI chip startup Olix raised a USD 312 million Series B, led by new investors including Arm and Hudson River Trading, at a USD 3.3 billion valuation, to build its DX-1 inference decode accelerator, optical interconnects and complete inference racks.

Verified Olix company announcement, 3 August 2026

What it does not test. This does not establish that Olix's chips are fabricated in Europe, or that any customer has deployed the DX-1 at scale.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. UK chip startup funded USD312m; no EU fab or deployment shown, no answer moves. European Sovereignty Index

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