Google has acquired a 3.5% stake in Oxa, formerly known as Oxbotica, which originated from the University of Oxford in 2014.
This previously undisclosed investment was part of a larger £115 million Series C funding round in January, joined by investors including Tencent, Ocado, ENEOS, and Kiko Ventures.
and Oxa MetaDriver, a suite of generative AI and digital twin tools used for simulating the testing of driverless cars.
Oxa specializes in developing software for self-driving vehicles. Its product portfolio encompasses Oxa Driver, a comprehensive set of components for autonomous driving,
More recently, Oxa has joined forces with electric vehicle (EV) firm eVersum to launch a fleet of autonomous buses in both Europe and the United States.
The company has already provided software solutions to prominent partners such as BP and the Ocado Group.
Waymo, which was founded in 2009 under the name Google Self-Driving Car Project.
Notably, Google has maintained a presence in the autonomous vehicle sector through its subsidiary,
The two companies have previously cooperated on simulation and testing technology. UKTN has reached out to Oxa for further insights and comments on this development.
This strategic investment could pave the way for collaborations between Google and Oxa on self-driving projects.