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Google backs autonomous vehicle firm Oxa

Oxa Google
Image credit: Oxa

Autonomous driving software developer Oxa has received an investment from tech giant Google, new company filings have revealed.

According to Companies House filings, Google has taken a 3.5% stake in Oxa, formerly Oxbotica, which spun out from the University of Oxford in 2014.

The investment, which was previously undisclosed, was first reported by the Telegraph. It came as part of a £115m Series C round in January that featured backing from Tencent, Ocado, ENEOS and Kiko Ventures.

Oxa develops software for self-driving vehicles. Its products include Oxa Driver, a full stack of components for autonomous driving and Oxa MetaDriver, a suite of generative AI and digital twin tools that simulate the testing of driverless cars.

The company has supplied software to partners including BP and Ocado Group. More recently, Oxa has partnered with EV company eVersum to launch a fleet of autonomous buses in Europe and the US.

Google has long had a presence in the autonomous vehicle sector through its subsidiary Waymo, founded in 2009 as the Google Self-Driving Car Project.

The investment could see the companies collaborate on self-driving projects. The firms have already worked together on simulation and testing technology.

UKTN has reached out to Oxa for comment.