The autonomous driving software provider completed a series B round led by BP Ventures that also featured corporate investors Tencent and Halma.
BP Ventures, the corporate venturing arm of oil and gas provider BP, led a $47m series B round today for Oxbotica, a UK-based autonomous vehicle software spinout from University of Oxford.
Internet group Tencent and safety equipment producer Halma also took part in the round, as did commercialisation firm IP Group, which committed $5.5m, investment fund BGF, superannuation fund HostPlus, investment firm Venture Science and funds advised by Doxa Partners.
Founded in 2014, Oxbotica has created hardware-agnostic software to provide…
