Oxa closes Series D funding to bring industrial mobility automation to market

Oxa’s systems tow and carry goods in ports, airports, or manufacturing facilities, as well as monitor assets and perimeters in solar farms or industrial plants. Source: Oxa

Oxa Autonomy Ltd., a developer of autonomous vehicle technology, this month closed a $103 million Series D round. The company said the investment will enable it to intensify its focus on commercializing the automation of repetitive industrial driving tasks.

“These investments validate our intensified focus on industrial mobility automation (IMA)...