3 years ago
Oxbotica Raises €130 Million to Expand Autonomous Vehicle Software Globally
Oxbotica, a UK-based autonomous vehicle software company, has secured €130 million in funding
The investment will be used to expand geographically in North America, EMEA, and APAC, and accelerate the deployment of its operating system
Oxbotica's technology aims to enable Universal Autonomy™, allowing any vehicle to operate autonomously, safely, and sustainably
The company has partnered with Applied EV, bp, NEVS, and ZF to launch autonomous passenger shuttles and industry-specific vehicles in 2024.
ProblemTechnology
"Many industries require vehicles to operate in complex and hazardous environments, leading to safety risks, inefficiency, and high costs."
Solution
"Oxbotica develops autonomous vehicle software that enables vehicles of any size to operate safely and efficiently without human intervention, addressing the need for improved safety, efficiency, and cost savings in various sectors."