Oxa Funding, Investors & Competitors

Oxa has raised $324M across 5 funding rounds, most recently a $103M Series D in March 2026.

See full Oxa profile

Last Oxa funding round

$103M

Series D · Mar 2026

Oxa revenue

$4M

Series C · Jan 2023

Key investors in Oxa

Oxa Overview

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

United KingdomOxford

Website

oxa.tech

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

Oxa revenue and valuation multiple by funding round
DateRevenue *Stage
Jan 2023$4MSeries 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

Oxa funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2026Series DNational Wealth Fund (lead); IP Group; NVentures; Hostplus; BP Ventures$103M-
Jan 2023Series CZF Friedrichshafen; ENEOS Innovation Partners; Halma; Tencent; Ocado Group; venture / science; Business Growth Fund; Kiko Ventures; Hostplus; BP Ventures; Aioi Nissay Dowa Insurance; Alphabet$142MOxbotica, 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 2021Series BOcado Group (lead)$14MOxa, 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 2021Series BBP Ventures (lead); IP Group; Halma; Tencent; venture / science; Business Growth Fund; Hostplus; Doxa Partners$47M-
Sep 2018Undisclosed stageIP 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

Investors in Oxa by funding rounds participated
InvestorHQRoundsRoleFirst check
IP GroupUnited KingdomLondon3LeadSep 2018
HostplusAustraliaMelbourne3ParticipantJan 2021
BP VenturesUnited StatesSan Francisco, CA3LeadJan 2021
HalmaUnited KingdomSlough2ParticipantJan 2021
TencentChinaShenzhen2ParticipantJan 2021
Ocado GroupUnited KingdomHertford2LeadApr 2021
venture / scienceUnited StatesSan Francisco, CA2ParticipantJan 2021
Business Growth FundUnited KingdomLondon2ParticipantJan 2021
ZF FriedrichshafenGermanyFriedrichshafen1ParticipantJan 2023
ENEOS Innovation PartnersJapanTokyo1ParticipantJan 2023
NVenturesUnited StatesSanta Clara, CA1ParticipantMar 2026
ParkwalkUnited KingdomLondon1ParticipantSep 2018
Kiko VenturesUnited KingdomLondon1ParticipantJan 2023

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Acquisitions 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

StreetDrone
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 CountryUnited Kingdom
HQ City
Oxford
Deal Date18 Sep 2024
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Oxa Competitors

Oxa competitors include listed companies like Cidi, Kodiak AI, Tesla and Aurora Innovation, and private ones like Didi Woya and Avride.

Public and private companies comparable to Oxa
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Didi WoyaChinaBeijingPrivate--$5B-
AvrideUnited StatesAustin, TXPrivate--$2.8B-
CidiChinaChinaPublicly listed$133M($156M)$801M2.8x
Kodiak AIUnited StatesUnited StatesPublicly listed$4M($577M)$257M40.2x
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.1x
Aurora InnovationUnited StatesUnited StatesPublicly listed$3M($786M)$8.9B973.4x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B14.6x13.1x137.6x93.2x
Stryker$25B$6.3B5.4x5.1x21.5x17.9x
General Motors$185B$15B1.0x0.9x11.8x8.2x
Unitree Robotics$255M$55M151.9x-701.2x-
SAIC Motor$98B$7.1B0.1x0.1x1.4x1.9x
Zebra$5.4B$853M3.3x2.9x20.8x12.3x
XPENG$12B$157M1.0x0.9x72.6x(65.2x)
Aurora Innovation$3M($786M)2652.1x973.4x(10.1x)(10.2x)

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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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