National Wealth Fund led a $103m Series D round in Oxa.

National Wealth Fund, a public finance institution, led a $103m Series D round in Oxa, an autonomous vehicle software company, with participation from NVentures, IP Group, Hostplus and bp Ventures. “These investments validate our intensified focus on Industrial Mobility Automation (IMA), where the path to commercial deployment at scale is clearest and most immediate. The capital will supercharge the development of our technology, enabling our industrial customers to benefit from significant productivity gains, lower operational costs and increased workplace safety, sooner. We are proud to be developing world-leading technology here in the UK, fundamentally changing the way industry moves and cementing our position as the category leader for IMA globally," Paul Newman, Oxa Founder and CTO.