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The Guardian - UK
The Guardian - UK
Technology
Julia Kollewe

Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa

Nvidia headquarters
The US technology firm Nvidia is investing through its venture capital arm, NVentures. Photograph: John G Mabanglo/EPA

Nvidia is investing in the British autonomous driving startup Oxa, alongside backing from the UK’s National Wealth Fund, in a boost to the country’s technology sector.

The Oxford-based company, which has developed software for self-driving industrial vehicles, said it had raised $103m (£77m) from investors to focus on commercial solutions for that software, as well as its physical AI and robotics technology, and to push on with its global expansion plans.

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