It’s been revealed that Google has invested in British driverless car company Oxa.
The Telegraph newspaper reports that the company has taken a 3.5% stake in the Oxford University spin-out that aims to provide the operating system for driverless car fleets.
It says company filings have revealed the investment. Google was a previously undisclosed investor in the company’s $140m (£114m) investment round announced earlier this year.
The report adds that the deal could potentially lead to tie-ups between Oxa and Google’s driverless car division Waymo if customers were to use Waymo’s cars and Oxa’s software to run driverless systems.
(Picture – Oxa)
