Oxbotica in a £10 million strategic investment from Ocado Group.

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Oxbotica, an Oxford, UK-based software developer of SAAS for autonomous vehicles, announced getting into a £10 million ($13.8M) strategic investment deal with the UK-based retailer Ocado.

The deal is part of a larger partnership including  the collaboration on hardware and software interfaces for autonomous vehicles, enhancing and integrating Oxbotica's autonomy software platform into a variety of vehicles.

Oxbotica, founded in 2014 and led by CEO Ozgur Tohumcu,develops autonomous driving systems and has two core products - Selenium and Caesium.

Selenium is an on-vehicle suite of software that brings full autonomy to a vehicle in a way that is agnostic to both hardware and environment.

Caesium is a cloud-based autonomy management system that brings fine-grained control, audit, data management and monitoring to autonomous fleets.

Oxbotica's products use an advanced set of AI, machine learning and optimisation technologies to yield a low-power, safe, explainable, quick-to-deploy, modular and completely flexible "Universal Autonomy" platform.

The announcement comes 2 months after the company announced $47 million in series B round led by bp ventures and including participation from BGF, Halma, HostPlus, IP Group, Tencent, Venture Science, and funds advised by Doxa Partners.

Total investments received (USD): 200.82M

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