https://techcrunch.com/2023/01/10/oxbotica-raises-140m-more-as-its-b2b-autonomous-vehicle-platform-gains-ground/

Activity in the self-driving car industry, frenetic for years, has somewhat stalled in more recent times, but a handful of the most promising companies are continuing to see their businesses grow and attract investment in the process. In one of the more recent developments, Oxbotica, a startup out of England that develops software to power autonomous vehicles, has closed a Series C round of $140 million, money that it will be using to continue building out services for existing clients and to drum up new business in that wake.

The size of the round is big by any terms, but it’s a signal of how AI startups especially continue to fare well at the moment. It also shows the kinds of companies that are working with, and looking to back, startups breaking new ground in the space of autonomous driving.