While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications. Oxbotica, the Oxford, […]
Oxbotica Raises $47 Million to Deploy Autonomy Software Platform in Mines Around the World
From OxboticaJan 6 2021
Oxbotica, a global leader in autonomous vehicle software, has announced the completion of a $47 million Series B investment with partners across the globe.
Oxbotica Raises $47 Million to Deploy Autonomy Software Platform Around the World. Image Credit: Business Wire
The funding will accelerate Oxbotica’s commercial deployment of its world-class autonomy software platform in mines around the world. The news is an endorsement of Oxbotica s go-to-market strategy, deploying its autonomy software in industrial use cases in advance of rolling out in urban passenger transportation applications in the future.