News Summary

Nvidia, in collaboration with the UK’s National Wealth Fund, has invested in Oxa, a British autonomous driving startup, during its Series D funding round. The Oxford-based company, which specializes in software for self-driving industrial vehicles, secured $103 million to advance its commercial solutions and global expansion. Oxa, formerly known as Oxbotica, focuses on automating repetitive industrial driving tasks. The investment round also saw participation from existing shareholders like the London-listed IP Group, Hostplus, and BP Ventures. Oxa’s co-founder, Paul Newman, emphasized the company’s commitment to ‘universal autonomy,’ with vehicles adaptable to various environments. This investment is seen as a significant boost to the UK’s technology sector, highlighting its leadership in connected and automated mobility.