Oxbotica raises $47M to speed mine automation

UK-based autonomous-vehicle software developer Oxbotica says US$47 million of new equity from British and offshore funds will help it speed commercial deployment of an “open autonomy software platform” for mining being developed with a Hitachi Construction Machinery business unit.

Oxbotica raises $47M to speed mine automation Oxbotica raises $47M to speed mine automation Oxbotica raises $47M to speed mine automation Oxbotica raises $47M to speed mine automation Oxbotica raises $47M to speed mine automation

Oxbotica CEO Graeme Smith with their autonomous vehicles in Oxford

New investment from groups in the UK, USA, China and Australia was "an endorsement of Oxbotica's go-to-market strategy, deploying its autonomy software in industrial use cases in advance of rolling

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