Oxa

Oxford-based Oxa, a global leader in autonomous vehicle technology, has successfully secured a £77.2 million Series D funding round to accelerate the commercialisation of its physical AI and robotics technology for industrial mobility automation solutions.

Summary of transaction details:

• Value: £77.2 million
• Sector: Autonomous Vehicle Technology / Industrial AI and Mobility
• Advisor: Not mentioned
• Key Entities: Target: Oxa; Investors: National Wealth Fund, NVentures (NVIDIA’s venture capital arm), along with existing shareholders IP Group, Hostplus, and BP Ventures
• Location: Oxford, UK

Note: This substantial investment highlights continued investor interest in advanced AI with practical applications and validates Oxa's strategic pivot towards Industrial Mobility Automation (IMA). The funding will significantly enhance technology development for automating repetitive industrial driving tasks, enabling global clients to achieve considerable productivity improvements, reduced operational costs, and elevated workplace safety standards. Furthermore, it supports the UK's ambition to maintain its leadership position in connected and automated mobility.