Olix Series B adds to UK's active week

UK-based Olix closed a €270M Series B on 3 August 2026, one of several sizeable UK rounds within the 30 days to 13 August 2026, alongside iwoca's €292M debt financing and Cambridge Aerospace's €260M Series C. Olix's round ranks fifth among the ten largest deals tracked in that window, behind Sweden's Neko Health (€614M) and Lovable (€346M) and the UK's own CuspAI (€394M).

Across the 30-day window, UK companies accounted for €2.47B across 64 deals, the largest total of any country tracked, ahead of Sweden's €981M across 11 deals and Germany's €479M across 24 deals. Of the UK total, €292M came from iwoca's debt financing rather than equity investment, leaving the remainder split across equity rounds including Olix's Series B. The UK's 64 deals also exceed Germany's 24 and Spain's 21 over the same period, underscoring the breadth of UK activity beyond this single round.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-08-13). Figures are checked against the underlying data and each draft is reviewed by an independent second model before publishing; anything unverifiable is held back. Not investment advice. Labelled for AI transparency (EU AI Act Art. 50, applicable from 2 Aug 2026).