Oxide Computer raises $445m in Series D funding round

Oxide Computer Company has raised $445 million in a Series D round led by Eclipse, with participation from USIT, Riot Ventures, Jane Street, Atreides Management and AMD Ventures. The company reached profitability this year, but demand for its rack-scale on-prem cloud system exceeds production capacity.

• $445m Series D led by Eclipse, with AMD Ventures participating
• Oxide reached profitability in 2026, demand exceeds supply
• Manufacturing capacity scaled 20x over the past 12 months
• Company previously raised $200m in February 2026