Nvidia Backs Another UK Driverless Startup in $103 Million Round

Nvidia 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. Most Read from Bloomberg Oxa declined to comment on its valuation in the round or how ...