UK’s Oxa Raises $103Million Funding In Series D Round

Series D round, $50 million was provided by the UK’s National Wealth Fund, with additional backing from NVentures, Nvidia’s venture arm, and bp Ventures. The raise brings Oxa’s total funding to more than $250 million.

Founded in 2014 and based in Oxford, Oxa develops configurable autonomous driving software that can be integrated into a range of vehicles to automate repetitive tasks in industrial settings.

Its platform combines autonomy software, modular hardware, and fleet management tools to support safe, scalable driverless operations.

Read Also - Mutable Tactics Raises €1.8M Pre-Seed To Advance AI-Powered Drone Autonomy

Rather than focusing on robotaxis or consumer vehicles Oxa targets what founder Paul Newman describes as “industrial mobile autonomy,” operating in more controlled environments with limited pedestrian and public traffic interaction.

Oxa develops both the software and hardware needed to enable autonomous vehicle operations, and says it can retrofit a heavy-duty port truck for driverless use in less than a day.

The new funding will help scale deployments with customers such as DHL, BP, and Vantec, while also supporting the rollout of upcoming projects set to be announced in the near future.

Oxa CEO Gavin Jackson is scheduled to speak at the Tech.eu Summit London 2026, taking place on 21–22 April at the Queen Elizabeth II Centre.

We think trying to do that in the passenger car space is super, super hard. In the industrial space, it's extremely clear what you need to do to make a product, Newman said.

About Oxa

Oxa develops autonomous vehicle solutions that automate repetitive industrial driving tasks in ports, airports, factories, and energy sites. Its technology helps organisations address labour shortages, improve efficiency, and reduce operational costs.