Oxa secures $103M Series D first close for industrial autonomy
Autonomy software specialist Oxa has raised a first close of its Series D round, securing up to $103 million to accelerate deployment of its technology across factories and industrial sites. The round draws in fresh backing from the UK Infrastructure Bank’s wealth arm and NVIDIA, underscoring investor confidence in the next wave of intelligent automation.
Strategic investors target factory and logistics robots
The new funding will be used to scale Oxa’s autonomy platform, which enables manufacturers and logistics operators to upgrade existing fleets of vehicles and robots with advanced navigation and perception capabilities. By focusing on factory robots, warehouse vehicles and yard logistics, Oxa aims to reduce downtime, increase throughput and ease persistent labour shortages.
Participation from NVIDIA highlights the growing convergence between AI hardware and autonomous systems. Oxa’s software is expected to further leverage GPU-accelerated computing and AI algorithms for real-time decision making in complex industrial environments.
UK Wealth Fund backs homegrown autonomy champion
The involvement of the UK Wealth Fund, via the UK Infrastructure Bank, positions Oxa as a flagship example of Britain’s ambitions in advanced manufacturing and robotics. The investment is aligned with national priorities to boost productivity, re-shore critical supply chains and support high-value industrial jobs.
Industry analysts note that demand for autonomous industrial vehicles is accelerating as companies seek to harden supply chains and respond to volatile demand. By providing a software-first approach that can be retrofitted to existing equipment, Oxa targets faster adoption and lower capital costs for operators.
Positioning for global growth in autonomy
With this Series D first close, Oxa is expected to expand commercial partnerships with equipment manufacturers and large industrial customers across Europe and North America. The company’s focus on safety-certified autonomy software and scalable deployment tools is designed to help factories, ports and logistics hubs transition from pilot projects to full production use of autonomous robots.
The round reinforces the UK’s position as a key hub for autonomous vehicle and robotics innovation, while giving Oxa the capital to compete with global rivals in a market projected to be worth tens of billions of dollars over the next decade.