Oxide Computer raises $445M Series D at scale for on-prem AI clouds
Oxide Computer Company announced on October 9, 2026, that it has raised $445 million in a Series D round led by Eclipse. Existing investors US Innovative Technology Fund (USIT), Riot Ventures, and Jane Street participated, while new investors Atreides Management and AMD Ventures joined. The raise brings Oxide’s total funding to roughly $835 million and positions the company to expand…
Oxide Computer Company has raised $445 million in a Series D funding round, led by Eclipse and including participation from existing investors US Innovative Technology Fund, Riot Ventures, and Jane Street, as well as new investors Atreides Management and AMD Ventures. The capital will be used to secure components, increase production capacity, and fulfill a substantial order backlog, as demand for on-premises cloud racks exceeds current supply.
With profitability reached earlier in 2026, Oxide's success signals a shift in enterprise investment towards infrastructure they will own for years, rather than solely relying on rented GPU hours.
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