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Oxa additional investment round

A follow-on investment to a successful first institutional investment round in 2018

Who are they

Oxa is a universal autonomy software company. Following the mantra “any vehicle, any environment, any time”, its customers include: Driverless shuttle trials at Gatwick airport, driverless cargo pods at Heathrow airport, partnering with Addison Lee to bring self-driving taxis to London and other sectors in every hemisphere

What was our involvement

We advised Oxa on their successful £14 million funding in their first institutional investment round in 2018. This round of financing coincided with the appointment of Ozgur Tohumcu as CEO, who worked at Tantalum and previously Ericsson. He will lead the business during the next stage of its development.

Paddy MccGwire, Managing Partner at Silverpeak said “This is our sixth transaction in eight weeks. It is great to see this iconic British-based, global and deep technology business demonstrating the confidence of its investors so quickly. And I’d like to congratulate Co-Founder/CTO Paul Newman, who is also the Director of the Oxford Robotics Institute, on being awarded the prestigious Royal Academy of Engineering Silver Medal.”