Oxide

Oxide announced $445M in Series D financing on October 9, 2026. Oxide raised a $445 million Series D led by Eclipse to secure components, increase manufacturing, and serve customers of its on-premises cloud computer.

Round details

The financing includes backing from Eclipse, US Innovative Technology Fund (USIT), Riot Ventures, Jane Street, Atreides Management, AMD Ventures. The company did not publish a valuation with the announcement.

• Round: Series D
• Capital announced: $445M
• Headquarters: Emeryville, CA

How the company plans to use the capital

Oxide said the Series D provides additional working capital to secure components, increase manufacturing, and serve new and existing customers. CEO Steve Tuck said the funds will go toward materials and manufacturing scale for future customer needs.

Why this matters for GTM teams

Oxide said customer demand exceeds its current production capacity, and that the rise of agentic AI is intensifying demand for infrastructure across compute, memory and networking.

Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.

Source and methodology

This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.

Primary source: Oxide Series D announcement.