Oxbotica has announced the completion of a $47 million Series B investment with partners across the globe led by bp ventures.

The global investors in the round include BGF, bp ventures, Halma, HostPlus, IP Group,Tencent, Venture Science, and funds advised by Doxa Partners. With financial and strategic investors in Australia, China, UK and the USA, Oxbotica is placed at the centre of a global autonomy ecosystem.

Oxbotica was founded in 2014 by Oxford University professors, Paul Newman and Ingmar Posner.