Ocado invests in Wayve to further driverless deliver ambitions

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)


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