UK's Ocado invests in Wayve for autonomous grocery deliveries
Information about UK's Ocado invests in Wayve for autonomous grocery deliveries
Kevin David Scam or Legit
By Nick Carey
LONDON (Reuters) – British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough traffic on busy city streets.
Wayve’s technology will be used in a 12-month 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,” said Alex Kendall, CEO of London-based Wayve.
The investment from Ocado brings Wayve’s total funding raised so far to $60 million.