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Home»Venture Capital
Oxa autonomous factory vehicles operating in a modern industrial warehouse after Series D funding

Oxa’s $103M Series D Draws UK Wealth Fund and NVIDIA

4 March 2026 Venture Capital No Comments2 Mins Read
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Oxa secures $103M Series D first close with heavyweight backers

Autonomous vehicle software company Oxa has raised a $103 million Series D first close, bringing in prominent new investors including the UK Infrastructure Bank and NVIDIA. The funding underscores accelerating demand for safe, scalable autonomous driving and factory automation solutions across logistics, industrial sites and controlled environments.

Strategic capital to scale factory and logistics robots

The fresh capital will be used to expand deployment of Oxa’s software platform for factory bots, yard trucks and other industrial vehicles operating in warehouses, ports and manufacturing plants. By focusing on structured, semi-closed environments rather than complex city streets, the company aims to commercialise self-driving technology more quickly and reliably.

Executives at Oxa say the Series D will accelerate hiring in engineering, safety, and commercial operations, as well as deepen partnerships with vehicle OEMs and robotics manufacturers. The company is also expected to invest in enhanced simulation tools, AI algorithms for perception and planning, and robust safety validation frameworks demanded by industrial customers.

NVIDIA and UK Infrastructure Bank bring strategic weight

The participation of NVIDIA signals growing convergence between high-performance GPU computing and industrial autonomy. Oxa’s software already relies on advanced edge computing to process sensor data from lidar, radar and cameras in real time; closer collaboration with NVIDIA could further optimise performance and reduce latency in mission-critical environments.

Meanwhile, backing from the UK Infrastructure Bank highlights the public sector’s interest in autonomy as an enabler of more efficient, lower-emission logistics networks. Automating repetitive vehicle movements in ports, distribution hubs and factories is seen as a path to improved productivity, reduced operational costs and better utilisation of existing infrastructure.

Positioning for global industrial autonomy race

With this Series D first close, Oxa strengthens its position in a crowded field of autonomous systems and robotics players targeting industrial and logistics use cases. The company is expected to pursue additional capital to complete the round, while expanding pilot projects into full-scale commercial deployments across Europe and North America.

As manufacturers and logistics operators seek resilient, always-on operations, demand for proven, safety-certified autonomy platforms like Oxa’s is likely to intensify, turning factory and yard vehicles into a major growth frontier for the broader autonomy and AI ecosystem.

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Aden Erickson

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