Nvidia Backs Another UK Driverless Startup in $103 Million Round
Oxa focuses on industrial autonomous driving uses such as in factories, at ports and at mines.
Source: OxaNvidia Corp. is investing in Oxa, the latest British autonomous driving startup to receive backing from the world’s most valuable company.
The US chipmaker’s venture capital arm NVentures joined a funding round for Oxa that raised $103 million, the British company said Wednesday. The UK government’s National Wealth Fund committed $50 million, with existing shareholders such as BP Plc’s venture fund also participating.