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[Oxa Secures $20 Million Funding Amidst Financial Losses] Oxa, A British Self-driving Car Company Founded By Professor Paul Newman In 2014, Received Nearly $20 Million In Funding From BP Ventures And IP Group Earlier This Month. This Investment, Provided As A Convertible Note, Follows Oxa's 2024 Loss Of Nearly £70 Million And Its Need For Significant Funds To Repay Debts. Oxa Was The First Company To Trial A Driverless Car On British Roads In 2016 And Currently Uses Its Technology On Airport Shuttle Buses In The US.

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