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- Oxa
Oxa Funding, Investors & Competitors
Oxa has raised $324M across 5 funding rounds, most recently a $103M Series D in March 2026.
Last Oxa funding round
$103M
Series D · Mar 2026
Oxa revenue
$4M
Series C · Jan 2023
Key investors in Oxa
IP Group
BP Ventures
Hostplus
Tencent
Business Growth Fund
Halma
Ocado Group
venture / science
About Oxa
Oxa is an Oxford-based developer of autonomous vehicle software for passenger cars and logistics. The Oxa Brain stack uses lidar, radar, and cameras for Level 4 autonomy on low-compute hardware. Deployed in trials with Uber and logistics firms across UK motorways, it logs 10 million autonomous miles as of 2024.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Revenue
$4M (Jan 2023)
Oxa Revenue
Oxa's latest recorded revenue is $4M, as of its Series C in January 2023.
Oxa revenue by funding round
| Date | Revenue * | Stage |
|---|---|---|
| Jan 2023 | $4M | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Oxa Funding History
Oxa has raised a total of $324M across 5 funding rounds.
Oxa's first fundraising round was a $18M undisclosed-stage round in September 2018. The most recent completed round was a $103M Series D in March 2026.
Oxa funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2026 | Series D | National Wealth Fund (lead); IP Group; NVentures; Hostplus; BP Ventures | $103M | - |
| Jan 2023 | Series C | ZF Friedrichshafen; ENEOS Innovation Partners; Halma; Tencent; Ocado Group; venture / science; Business Growth Fund; Kiko Ventures; Hostplus; BP Ventures; Aioi Nissay Dowa Insurance; Alphabet | $142M | Oxbotica, now trading as Oxa, raised a US$140 million Series C in January 2023, bringing total funding to about US$225 million. New investors Aioi Nissay Dowa Insurance and ENEOS Innovation Partners joined existing shareholders including bp ventures, BGF, Halma, Hostplus, Kiko Ventures, Ocado Group, Tencent, Venture Science and ZF. No lead investor was named and the valuation was not disclosed. The funding is intended to support geographical expansion in North America and EMEA. Oxa develops autonomous vehicle software, which it calls Universal Autonomy, covering navigation, perception and fleet management for enterprise customers. The company is based in Oxford, England, and was founded about eight years before the round, with Paul Newman as chief technology officer and a founder. |
| Apr 2021 | Series B | Ocado Group (lead) | $14M | Oxa, previously known as Oxbotica, is an Oxford-based developer of autonomous vehicle software focused on industrial applications such as warehouses, airports, ports, agriculture, mining, and goods delivery. The company raised a Series B round of $47 million in January 2021, followed by a Series C round of $140 million in early 2023, bringing total funding to $225 million at that point. Ocado Group participated as an investor in both prior rounds and completed a $14 million investment in Oxbotica around April 2021 as part of strategic backing alongside customers and partners. This investment aligned with a partnership announced in April 2021 to develop autonomous delivery solutions. |
| Jan 2021 | Series B | BP Ventures (lead); IP Group; Halma; Tencent; venture / science; Business Growth Fund; Hostplus; Doxa Partners | $47M | - |
| Sep 2018 | Undisclosed stage | IP Group (lead); Parkwalk; AXA XL | $18M | - |
Who has invested in Oxa?
18 investors have backed Oxa across its funding rounds, including IP Group, BP Ventures, Hostplus, Tencent, Business Growth Fund and Halma.
Lead investors include National Wealth Fund, Ocado Group, BP Ventures and IP Group.
Oxa Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Sep 2018 | ||
| 3 | Participant | Jan 2021 | ||
| 3 | Lead | Jan 2021 | ||
| 2 | Participant | Jan 2021 | ||
| 2 | Participant | Jan 2021 | ||
| 2 | Lead | Apr 2021 | ||
| 2 | Participant | Jan 2021 | ||
| 2 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Sep 2018 | ||
| 1 | Participant | Jan 2023 | ||
This data is available for Pro users. Sign up to see all 18 Oxa investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Oxa
Oxa has acquired 1 company to date.
Last acquisition by Oxa was on September 18th 2024. Oxa acquired StreetDrone for undisclosed valuation.
Latest Acquisitions by Oxa
| Description | StreetDrone is an Oxford-based autonomous vehicle technology provider in the United Kingdom. The company supplies self-driving pods and software stacks for logistics and urban transport trials. StreetDrone collaborates with Jaguar Land Rover and UK highways authority on public road testing. |
| HQ Country | |
| HQ City | Oxford |
| Deal Date | 18 Sep 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Oxa acquisitions and their M&A valuation multiples. Start Free Trial | |
Oxa Competitors
Oxa competitors include listed companies like Cidi, Kodiak AI, Tesla and Aurora Innovation, and private ones like Didi Woya and Avride.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $5B | - | ||
| Private | - | - | $2.8B | - | ||
| Publicly listed | $133M | ($156M) | $801M | 2.8x | ||
| Publicly listed | $4M | ($577M) | $257M | 40.2x | ||
| Publicly listed | $95B | $10B | $1.4T | 13.1x | ||
| Publicly listed | $3M | ($786M) | $8.9B | 973.4x |
Oxa Public Comps
Oxa is still privately-owned, but its public comps include Tesla, Stryker, General Motors, Unitree Robotics, SAIC Motor, Zebra, XPENG, Aurora Innovation, Cognex and Aptiv.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 14.6x | 13.1x | 137.6x | 93.2x | |||
| $25B | $6.3B | 5.4x | 5.1x | 21.5x | 17.9x | |||
| $185B | $15B | 1.0x | 0.9x | 11.8x | 8.2x | |||
| $255M | $55M | 151.9x | - | 701.2x | - | |||
| $98B | $7.1B | 0.1x | 0.1x | 1.4x | 1.9x | |||
| $5.4B | $853M | 3.3x | 2.9x | 20.8x | 12.3x | |||
| $12B | $157M | 1.0x | 0.9x | 72.6x | (65.2x) | |||
| $3M | ($786M) | 2652.1x | 973.4x | (10.1x) | (10.2x) | |||
This data is available for Pro users. Sign up to see all Oxa competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Oxa
| When was Oxa founded? | Oxa was founded in 2014. |
| Where is Oxa headquartered? | Oxa is headquartered in Oxford, United Kingdom. |
| Is Oxa publicly listed? | No, Oxa is a private, VC-backed company. |
| How much funding has Oxa raised? | Oxa has raised $324M across 5 funding rounds. |
| What was Oxa's last funding round? | Oxa's last funding round was a $103M Series D in March 2026, led by National Wealth Fund. |
| Who are Oxa's investors? | Oxa's investors include IP Group, Hostplus, BP Ventures, Halma, Tencent, Ocado Group, venture / science, Business Growth Fund, ZF Friedrichshafen, ENEOS Innovation Partners and 8 others. |
| What is Oxa's revenue? | Oxa's latest recorded revenue is $4M (January 2023). |
| Which companies are comparable to Oxa? | Companies comparable to Oxa include Didi Woya, Avride, Cidi, Kodiak AI, Tesla and Aurora Innovation. |
| How many companies has Oxa acquired? | Oxa has acquired 1 company, including StreetDrone. |
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