Overview
- Oxa closed $103 million in the first tranche of its Series D, including a $50 million commitment from the UK National Wealth Fund in its first advanced manufacturing investment since expanding its mandate.
- NVentures, bp Ventures, IP Group and Hostplus also participated, with a second and final Series D close planned in the first half of 2026.
- Oxa targets ports, airports and warehouses through an industrial mobile autonomy strategy that retrofits existing vehicles with its Oxa Driver, Oxa Foundry and Oxa Hub stack.
- The company lists DHL, BP and Vantec as customers or deployment partners and says it can autonomise a heavy-duty port truck in under a day.
- Recent filings show sizeable losses and some investor writedowns, while the new round lifts total funding above $250 million and signals governmental and industry support for Oxa’s pivot.