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AR platform for front-line workers Ox raises USD 12.6 million in Series A funding
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Apr 25, 2023
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Apr 25, 2023

AR platform for front-line workers Ox raises USD 12.6 million in Series A funding

Funding

  • AR platform for front-line workers Ox raised USD 12.6 million in a Series A financing round co-led by BBG Ventures and MaC Venture Capital, with participation from existing investors Cortado Ventures and Florida Funders, among others.

  • Funding will be used to further develop a patented wearable device, acquire more customers, and increase use case variety.

  • Ox uses AI to provide real-time instructions and assistance to frontline workers for industrial operations. Its technology has been adopted by several Fortune 500 companies and streamlines operational procedures. Ox's software optimization layer can be integrated with modern devices to support operational processes in warehouses and retail outlets.

  • Analyst QuickTake: In March 2021 , Ox raised USD 3.5 million in a seed funding round to expand its operations and headcount. Ox’s focus on developing its AR platform for retail use cases helps differentiate it from other AR workforce solutions solely focused on the manufacturing sector.

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