About OX
OX is a company based in United Kingdom founded in 2020.. OX has raised $3.4 million across 5 funding rounds from investors including Gov.uk, Energy Catalyst Group and Advanced Propulsion Centre UK. OX offers products and services including Electric Truck and Digital Platform. OX operates in a competitive market with competitors including Zedify, ULEMCo, ClearFlame, Tula Technology and BasiGo, among others.
- Headquarter United Kingdom
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ox Global Ltd
- Date of Incorporation 09 Oct, 2020
- Jurisdiction CHELTENHAM, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.4 M (USD)
in 5 rounds
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Latest Funding Round
$1.51 M (USD), Grant
Feb 16, 2024
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Investors
Gov.uk
& 2 more
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Employee Count
Employee Count
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Products & Services of OX
OX offers a comprehensive portfolio of products and services, including Electric Truck and Digital Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Purpose-built electric truck for rough terrains in developing regions.
Data-enabled platform for connecting businesses and streamlining trade.
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Funding Insights of OX
OX has successfully raised a total of $3.4M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $1.51 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $1.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Grant - OX | Valuation |
investors |
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| Aug, 2022 | Amount | Grant - OX | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - OX | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OX
OX has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, Energy Catalyst Group and Advanced Propulsion Centre UK. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is directed toward technology sectors by this firm.
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Founded Year | Domain | Location | |
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Online government services and information are provided to users.
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Founded Year | Domain | Location | |
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Provides personal development courses, corporate training, coaching, and self-care tools for well-being.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ox Comparisons
Competitors of OX
OX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zedify, ULEMCo, ClearFlame, Tula Technology and BasiGo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Zero-emission last mile delivery solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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| domain | founded_year | HQ Location |
Carbon reduction solutions are provided for industrial sectors worldwide.
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| domain | founded_year | HQ Location |
Software solutions for fuel saving in engines are developed.
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| domain | founded_year | HQ Location |
Public transport services are provided in Nairobi, Kenya.
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| domain | founded_year | HQ Location |
Carbon capture solutions are provided for vehicles by Remora.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ox
Frequently Asked Questions about OX
When was OX founded?
OX was founded in 2020.
Where is OX located?
OX is headquartered in United Kingdom.
Is OX a funded company?
OX is a funded company, having raised a total of $3.4M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Oct 01, 2020.
What does OX do?
OX was established in 2020 in the United Kingdom as a provider of trucking transportation services. Operations are focused on freight delivery and logistics support within the transportation sector. Services include road haulage for goods across various industries, with activities centered in the UK market. The companys online presence is maintained through the domain oxdelivers.com, facilitating client interactions and service information.
What products or services does OX offer?
OX offers Electric Truck and Digital Platform.
Who are OX's investors?
OX has 3 investors. Key investors include Gov.uk, Energy Catalyst Group, and Advanced Propulsion Centre UK.
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