Oxbotica is one of the world’s leading autonomous driving software companies, uniquely capable of delivering autonomy to any vehicle, in any location, at any time. The company has built a complete autonomy ecosystem offering navigation, mapping, perception, user interfaces, fleet management and other features required to operate vehicles autonomously in any environment.
The company was co-founded by Professor Paul Newman (Director of the Oxford Robotics Institute) and is powered by a team of world class engineers, including renowned experts in robotics, artificial intelligence, and computer vision.
Oxbotica plans to use the funds to fuel a raft of exciting new deployments, including several this year, spanning across areas such as mining, port logistics and other industrial domains where significant autonomy transformation is currently happening.
Ozgur Tohumcu, CEO at Oxbotica, commented: “We are very pleased to welcome our new investor base and excited to embark on this journey together. The investment and strategic fit will allow us to further scale and deploy our solution across a wide range of commercial applications. With their extensive experience of managing complex funding processes, GP Bullhound has been a key partner to us in closing this successful round.”
Sven Raeymaekers, Partner at GP Bullhound, and Javed Huq, Director, commented: “It has been a true pleasure to support Oxbotica throughout this exciting time of the company’s journey. This fresh capital coupled with the strength of its expanded investor base will enable Oxbotica to continue to develop and deliver its truly remarkable technology platform and build a transformational company.”
This represents GP Bullhound’s 21st transaction in the last 12 months, of which 15 were completed in the software space, including Bridgepoint’s $160m investment in Sendinblue, CVC’s $200m investment in EcoVadis, Wavecrest Growth Partners’ and Beringea’s $29m investment in EDITED, and the acquisition of Assetic by Dude Solutions, among many others.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com