Oxa raises £77m in Series D funding round
Oxa has announced the successful first close of its Series D funding round, raising a total of $103m (£77m). An initial $50m (£38m) commitment from the National Wealth Fund, alongside backing from NVentures (NVIDIA’s venture capital arm) and additional capital from existing shareholders IP Group, Hostplus and bp Ventures completes the first close. The investment […]
Government invests “tens of millions of pounds” into Oxa
Chancellor Rachel Reeves is preparing to inject tens of millions of pounds into self-driving car pioneers Oxa, as the Government gets ready to unleash autonomous vehicles on Britain’s roads. The £28bn National Wealth Fund (NWF), which is backed by the Treasury, is nearing a deal to plough taxpayer cash into Oxa, the start-up founded by experts […]
Oxa receives nearly £15m BP funding boost after admitting it needed financial assistance
British self-driving technology pioneer Oxa has received a significant funding boost from BP after spending ‘millions of pounds’ to develop autonomous vehicles. The Daily Telegraph reports that the Oxford-based firm received nearly $20m (£14.8m) from BP Ventures, the oil group’s venture capital arm, and tech backer IP Group earlier this month, filings show. The financial […]
Oxa strengthens transatlantic ties with NVIDIA technology expansion
Oxa has expanded use of NVIDIA Cosmos World Foundation Models and newly-available next-generation NVIDIA DRIVE AGX Thor™ developer kits to accelerate development of its self-driving software. Oxa is building the future of Industrial Mobility Automation (IMA), where self-driving technology tackles the most pressing challenges facing logistics and manufacturing. By integrating NVIDIA Cosmos World Foundation Models […]
Autonomous bus pilot gets underway in Belfast
Northern Ireland’s first self-driving vehicle has commenced its first pilot journey in Belfast’s Titanic Quarter. The eight-seater Harlander will provide a free shuttle service, which begun on Tuesday 22 July and will run until September between Titanic Halt Railway Station and Catalyst. The Oxa and eVersum vehicle, which has a safety operator on board, has […]
Next steps for self-driving vehicles: Government launches automated passenger services scheme
The public and industry are being encouraged to help shape the future of self-driving vehicles, as they are invited to offer their views to make them safe and accessible before the first services become available next year. Future of Roads Minister Lilian Greenwood has launched a consultation on the automated passenger services (APS) permitting scheme and the […]
Oxa and Bradshaw EV collaborate to accelerate industrial mobility automation
Autonomous vehicle software specialists Oxa and Bradshaw EV, a leading manufacturer and supplier of specialist industrial electric vehicles, have announced a collaboration to deliver scalable autonomous vehicle solutions for a range of applications. The collaboration will see Oxa’s self-driving software, Oxa Driver, integrated with vehicles supplied by Bradshaw EV. Enabled by Oxa’s Reference Autonomy Designs […]
Oxa and Applied EV to deliver first turnkey solution for Industrial Mobility Automation
Autonomous vehicle technology company Applied EV and Oxa, the self-driving software company, have announced a strategic partnership to enable the commercial deployment of autonomous vehicles at scale. Expanding on their existing partnership, this new agreement combines Applied EV’s expertise in secure, software-defined vehicle platforms with Oxa’s self-driving software, to deliver an immediate turnkey solution that […]
Oxa harnesses NVIDIA technology to accelerate $2trillion industrial mobility automation market
Oxa, known globally for its autonomous vehicle software for industrial and commercial fleets, has announced its plans to use NVIDIA Cosmos to accelerate Industrial Mobility Automation (IMA) – a $2trillion market opportunity. Since the Industrial Revolution, automation has increased productivity, reduced costs and fostered innovation. Enterprise software has fuelled decades of business task automation, driving immense economic […]
SAMS announces Oxa as new autonomy provider
The Sunderland Advanced Mobility Shuttle (SAMS) project is proud to announce Oxa as the new autonomy provider for its groundbreaking autonomous transport initiative, running during the first quarter of 2025. Oxa will play a crucial role in bringing the project to life, delivering a state-of-the-art autonomous Ford E-Transit shuttle. The initiative aims to illustrate how […]