{"id":20802,"date":"2026-03-10T09:03:58","date_gmt":"2026-03-10T01:03:58","guid":{"rendered":"https:\/\/battery9999.com\/en\/?p=20802"},"modified":"2026-03-10T09:03:58","modified_gmt":"2026-03-10T01:03:58","slug":"nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa","status":"publish","type":"post","link":"https:\/\/battery9999.com\/en\/nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa\/","title":{"rendered":"Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa"},"content":{"rendered":"

Wed 4 Mar 2026<\/p>\n

Nvidia is investing in\u00a0the British autonomous driving startup Oxa<\/a>, alongside backing from the UK\u2019s National Wealth Fund, in a boost to the country\u2019s technology sector.<\/p>\n

The Oxford-based company, which has developed software for self-driving industrial vehicles, said it had raised $103m (\u00a377m) 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.<\/p>\n

The fundraising includes $50m from the National Wealth Fund, owned by the Treasury, and backing from the US tech company Nvidia\u2019s venture capital arm, NVentures.<\/p>\n

Founded in 2014, Oxa now focuses on the automation of repetitive industrial driving tasks, such as the towing and carrying of goods in ports, airports and factories.<\/p>\n

The latest investor round also includes capital from existing shareholders the London-listed IP Group, which invests in British tech companies, the Australian superannuation (pension) fund Hostplus and BP Ventures, the UK oil company\u2019s arm that backs innovative technologies.<\/p>\n

Paul Newman, Oxa\u2019s co-founder and chief technology officer and\u00a0a robotics professor<\/a>\u00a0at the University of Oxford, told BBC Radio 4\u2019s Today programme that the investment was \u201cgreat for the UK\u201d.<\/p>\n

He said the company had exported passenger-carrying vehicle software to the US, used to transport 20,000 people, but had decided that that market was too complex, given regulatory uncertainty around road autonomy for passenger cars.<\/p>\n

\u201cWe think the economics of that are very challenging for us,\u201d said Newman, who also leads the Oxford Robotics Institute. \u201cThe economics of having a business in autonomy that works off-highway is cracking.\u201d<\/p>\n

He added, though, that Oxa\u2019s mantra was \u201cuniversal autonomy. So our vehicles are generalists and they can drive in all kinds of places.\u201d<\/p>\n

The company, formerly known as Oxbotica, has also received grants from the UK government in the past.<\/p>\n

The UK minister for industry, Chris McDonald, said: \u201cOxa is a great example of UK excellence in digital technologies that are transforming the global automotive sector, and this investment will boost productivity and improve freight efficiency at home and abroad.<\/p>\n

\u201cWith advanced manufacturing and digital technologies being central to our modern industrial strategy, we\u2019re supporting firms like Oxa to strengthen the UK\u2019s position as a global leader in connected and automated mobility.\u201d<\/p>\n

An incredible self-own<\/h2>\n

In 1936, John Scott, son of the late Guardian owner and legendary editor CP Scott, did something unheard of for a media heir: he gave up his stake for the greater good.<\/p>\n

After inheriting the newspaper, Scott renounced all financial benefit \u2013 bar his salary \u2013 in the Guardian (worth \u00a31m at the time and around \u00a362m today) and passed ownership over to the newly formed Scott Trust. The Trust would evolve to have one key mission: to secure the financial and editorial independence of the Guardian in perpetuity.<\/p>\n

That means the Guardian can\u2019t be bought. Not by private equity, not by a conglomerate, and definitely not by a billionaire looking for a political mouthpiece. So here are three good reasons to make the choice to support us today.<\/p>\n

1.<\/strong>\u00a0Our quality, investigative journalism is a scrutinising force at a time when the rich and powerful are getting away with more and more.<\/p>\n

2.<\/strong>\u00a0We are independent and have no billionaire owner controlling what we do, so your money directly powers our reporting.<\/p>\n

3.<\/strong>\u00a0It doesn\u2019t cost much, and takes less time than it took to read this message.<\/p>\n

This unique model also means we depend on readers like you from Taiwan to help fund our work. Our independence means we can say what we want, report on who we want, challenge who we want, and stand up at a time when others are sitting down. If you would rather the news you read was the result of decisions made by journalists and editors, not shareholders or ultra-wealthy tech bros, then, well, you know what to do:\u00a0Support the Guardian on a monthly basis.<\/span><\/strong><\/p>\n

Source:Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa | Nvidia | The Guardian<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wed 4 Mar 2026<\/p>\n","protected":false},"author":12,"featured_media":20447,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[113],"tags":[],"class_list":["post-20802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial-news"],"yoast_head":"\nNvidia and UK Wealth Fund invest in British autonomous driving startup Oxa - \u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/battery9999.com\/en\/nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa - \u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"og:description\" content=\"Wed 4 Mar 2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/battery9999.com\/en\/nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa\/\" \/>\n<meta property=\"og:site_name\" content=\"\u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T01:03:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/battery9999.com\/wp-content\/uploads\/2025\/09\/2025-09-17_103552.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"324\" \/>\n\t<meta property=\"og:image:height\" content=\"194\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"DPC\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"DPC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/battery9999.com\/en\/nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa\/\",\"url\":\"https:\/\/battery9999.com\/en\/nvidia-and-uk-wealth-fund-invest-in-british-autonomous-driving-startup-oxa\/\",\"name\":\"Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa - 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