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Oxa Secures $103M to Revolutionize Self-Driving Software

3/4/2026

Summary

Story summary

Oxa secured $103 million in Series D funding, including $50 million from the National Wealth Fund and investments from Nvidia’s NVentures, BP Ventures, IP Group, and Hostplus.
The funds will advance Oxa's self-driving software and expand Industrial Mobility Automation, with Chris McDonald, Minister for Industry, saying it could boost the UK economy.
Paul Newman, Oxa co-founder, said the investment could deliver productivity gains and lower costs in industrial applications.

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Story summary

Oxa secured $103 million in Series D funding, including $50 million from the National Wealth Fund and investments from Nvidia’s NVentures, BP Ventures, IP Group, and Hostplus.
The funds will advance Oxa's self-driving software and expand Industrial Mobility Automation, with Chris McDonald, Minister for Industry, saying it could boost the UK economy.
Paul Newman, Oxa co-founder, said the investment could deliver productivity gains and lower costs in industrial applications.