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The Venture Codex

Hummingbird Ventures

1 Sq. Victoria Regina, Sint-Joost-ten-Node, Brussels Hoofdstedelijk Gewest, 1210, Belgium

Overview

Hummingbird Ventures is a venture capital partner for outlier founders building generational companies. Hummingbird teamed up with many transformative companies, including Kraken, Peak Games, Deliveroo, BillionToOne, Showpad, OneCard, Pristyn Care, Gram Games and many others.

Total investments
73
Lead investments
23
Investments · 12mo
7
Active investors
7

Sector focus

  • Finance
  • Financial Services
  • Life Science
  • Therapeutics
  • Venture Capital
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Investment portfolio

  • Olix

    Participated · Series B · Aug 2026

    Founded in London by James Dacombe in 2024, Olix develops the X-1 platform that distributes AI model workloads across specialised chips connected by an optical interconnect. Its first chip, the DX-1, is a decode accelerator that the company claims can deliver over 10,000 tokens per second per user on 100-billion-parameter models while using less power for large batches, and is designed to scale to models with trillions of parameters. Olix has over 140 employees across London, Bristol, Toronto, Austin and San Francisco. The company plans to launch DX-1 to initial customers in the second half of 2027 and to ramp platform development and chip manufacturing with the new funding. Olix has rapidly increased its valuation through multiple funding rounds, most recently reaching $3.3 billion after the $312 million raise, up from just over $1 billion in February. The AI chip market in which Olix competes was valued at about $84 billion in 2026 and is expected to grow rapidly through 2030.

  • Augustus

    Participated · Series B · Jul 2026

    Augustus operates a platform that offers financial institutions direct, programmable access to dollar accounts and payment rails via a modern, federally chartered bank. The company targets other financial institutions globally as customers for its bank-backed rails and account access. Augustus announced a $180 million Series B led by Tiger Global, signaling a significant growth-stage financing event for the firm. Public coverage states the capital will be used to accelerate the company's mission and expand its offerings. The article does not provide revenue, user counts, founding year, location, or other operating metrics.

  • MicroAGI

    Led · Seed · Jul 2026

    MicroAGI develops Atlas, a platform that records demonstration data on factory lines to train control policies in simulation and then transfer those policies onto appropriate robots. The stack is designed to be hardware- and model-agnostic, allowing policies to run on different robot makers and model providers while streaming production data back to improve the fleet. The company targets large industrial manufacturers and positions deployment — not the robot hardware — as the primary constraint. MicroAGI has rapidly expanded its team and R&D footprint, notably growing its Greater Zurich Area research center from 10 to 100 researchers and hiring across Munich, Zurich, Istanbul and London. Founded roughly ten months before the announcement, the company closed a $55M seed round, the largest seed in German history, to fund scaling and deployments.

  • Monumental

    Participated · Series B · Jul 2026

    Monumental builds electric autonomous bricklaying robots paired with an AI platform called Atrium that use advanced sensors, computer vision and cranes to lay bricks and mortar with millimetre precision. The company offers an outcome-based construction service where contractors pay for completed walls rather than purchasing or operating equipment. Monumental operates a fleet of more than 150 robots across projects in the Netherlands and the UK and has helped construct over 100 homes plus a school, community centre, a hotel and canal walls. Nearly half of those homes were completed in the three months preceding the funding, indicating a rapid ramp in deployment. The company has recently strengthened its UK presence with a dedicated country manager and expanded local team, and is preparing its first pilot projects in the US as part of its international expansion plans. The Series B proceeds are earmarked to hire more engineers, scale deployments across Europe and the UK, broaden robotic capabilities, and support US entry.

  • Airwallex

    Participated · Series H · Jun 2026

    Airwallex offers an AI-native financial operating system and a suite of regulated financial infrastructure products, including payment acceptance, billing, global accounts, corporate cards, and spend management. The company holds 85+ licenses across North America, Europe, the Middle East, and Asia-Pacific and serves more than 676,000 businesses worldwide, directly or through platform partners. Airwallex reported $1.3 billion in annualized revenue and $287 billion in annualized transaction volume as of March 2026, with more than 90% of revenue coming from customers using multiple products. It is rolling out two new initiatives—T:0, an end-to-end AI-native finance platform currently in private beta, and Airi, a consumer wallet and agentic commerce infrastructure. The company plans to use recent funding to accelerate product development, expand its regulatory and infrastructure footprint, and scale teams to build next-generation AI-native financial software. Airwallex was founded in Melbourne in 2015 and is co-headquartered in San Francisco and Singapore, with over 2,300 employees across 27 offices.

Team