Ocado Group’s £10 Million Investment In Oxbotica

Macfarlanes advised Ocado Group on the deal.

Ocado Group invested in British autonomous driving software company Oxbotica.

The investment sits alongside a collaboration between Ocado and Oxbotica in relation to hardware and software interfaces for autonomous vehicles, enhancing and integrating Oxbotica’s autonomy software platform into a variety of vehicles. Ocado’s ultimate ambition is to enable its partners that use the Ocado Smart Platform to reduce the costs of last-mile delivery and other logistics operations.

The Macfarlanes team was led by corporate and M&A partner Richard Burrows (Picture) with assistance from solicitor Matilda Calvert-Barr. Commercial advice was provided by senior consultant Mark Lewis and solicitors Sekou Taylor and Rob Grant.

 

 

Involved fees earner: Richard Burrows – Macfarlanes LLP; Matilda Calvert-Barr – Macfarlanes LLP; Robert Grant – Macfarlanes LLP; Sekou Taylor – Macfarlanes LLP;

Law Firms: Macfarlanes LLP;

Clients: Ocado Group plc ;

Author: Federica Tiefenthaler