14 Oct 2026
Parallel Loop raises $6.6m seed to run AI projects for enterprises
Founders Prateek Jogani and Yujun Chean sold their insurtech FairDee to Qoala in 2021; their new firm lists Havells, Licious and Tokio…
Oxa, founded in 2014 and formerly called Oxbotica, makes self-driving software and fleet management for ports, airports and industrial sites, and raised $103 million in a Series D first close in March 2026.
Oxa is an autonomous vehicle software company founded in 2014. It traded as Oxbotica until it rebranded as Oxa in 2023. Its focus is what it calls Industrial Mobile Autonomy: self-driving vehicles for repetitive work in ports, airports, yards and factories, rather than robotaxis. Its chief executive and founder is Paul Newman. In March 2026 it announced a $103 million Series D first close, and in August 2026 it formed a joint venture with the Dubai Future Foundation.
Oxa sells three connected pieces. Oxa Driver is self-driving software that it describes as safe, explainable and configurable, designed to drive any industrial vehicle. Modular autonomy hardware lets an existing vehicle be fitted with the system at scale, and Oxa Hub is fleet management software with optional links to third-party logistics systems. Typical tasks include towing and carrying goods and monitoring assets or perimeters at sites such as solar farms. The company points to a series of firsts on its timeline: a trial airside at Heathrow Airport in 2018, a safety case assessed by the BSI in 2021, a zero-occupancy journey on public roads in Europe in 2022, and the first commercial deployment of Oxa Driver with Beep in 2024.
Oxa's customers are operators of industrial fleets that face labour shortages and rising costs. Its site quotes DHL Supply Chain about work at Heathrow, and its news list includes an autonomous logistics project at the Port of Tyne. The Dubai venture, called SHIFFT, is meant to put autonomous vehicles into ports and airports there, with a first scalable deployment promised before the end of 2027.
Founded: 2014 (as Oxbotica; renamed Oxa in 2023) People: Paul Newman, founder and chief executive Funding: $103 million Series D first close, March 2026, backed by the National Wealth Fund among others Legal entity: Oxa Autonomy Limited Joint venture: SHIFFT, with the Dubai Future Foundation, announced August 2026
Profile written by TrustList from the business's own published information, Oct 2026.
An earned signal from verification, reviews, awards, transparency and engagement - the vendor can't buy it.
Updated 10/17/2026
No questions yet. Be the first to ask about Oxa.
Everything here links back to the same verified catalogue. Pick your next stop.