The grocery delivery company Ocado is investing £10 million in self-driving technology startup Wayve.
Reuters and other news outlets report the companies are planning a partnership to develop autonomous grocery deliveries that can “handle tough traffic on busy city streets”.
Wayve’s technology will be used in an autonomous delivery trial using a number of Ocado delivery vans on busy London routes, with a human driver overseeing the tests, the two companies said on Wednesday.
“This is a recognition that we’re uniquely positioned to build a technology than can deliver for the last-mile delivery space as well adapt and scale globally,” Alex Kendall, CEO of London-based Wayve told Reuters.
The investment from Ocado brings Wayve’s total funding raised so far to around £44 million.
Back in April, Ocado invested a similar amount in Oxbotica. These companies collaborating on hardware and software interfaces for autonomous vehicles, which they say will enhance and integrate Oxbotica’s autonomy software platform into a variety of vehicles.
(PIcture – Ocado Twitter)