7 years ago
Oxbotica Raises £14M to Expand Autonomous Vehicle Software
Oxbotica, an Oxford, UK-based autonomous vehicle software company, has completed a £14 million funding round led by IP Group, Parkwalk Advisors and AXA XL
Oxbotica provides domain-agnostic software which uses computer vision, machine learning and artificial intelligence to enable vehicles to operate autonomously in any environment and on any terrain
The company intends to use the funds to further accelerate growth in Europe, Asia and the US market.
ProblemTechnology
"Getting vehicles to operate autonomously in any environment and on any terrain is a complex challenge, requiring advanced software to handle perception, navigation, and decision-making."
Solution
"Oxbotica provides domain-agnostic software that uses computer vision, machine learning, and artificial intelligence to enable autonomous vehicle operation. Its Selenium control system allows vehicles to perceive their surroundings, while Caesium, its cloud-based fleet management system, can schedule and coordinate fleets of vehicles."