Oxbotica, an Oxford-based developer of autonomous vehicle software, has announced that the company has changed its name to Oxa, effective immediately.
The rebranding is part of a broader strategic growth as the company prepares to scale operations in North America and Europe.
Oxa offers an array of tools to support businesses to deploy autonomy throughout their operations, including software and proprietary generative artificial intelligence (AI) solutions that are designed to support its Oxa MetaDriver and Oxa Hub (for fleet management) tools.
The company claims its solutions have been implemented across multiple industries to date, including shared passenger transport, logistics, goods delivery, agriculture, energy and mining.
Gavin Jackson, CEO of Oxa said: “I am thrilled today to begin the next chapter of our business as Oxa. At a time where organisations are faced with pressing challenges posed by driver shortages, high operational costs, service limitations and net-zero targets, we have a unique opportunity in the market today.
“With our solutions, we can deliver the transformative benefits of autonomy to businesses now.”
The autonomous vehicle firm recently raised US$140m (£111.7m) in a Series C funding round, which it intends to use to introduce its operating system for autonomy to new global customers.
The announcement likewise follows the company joining forces with Goggo Network and Google cloud to support development and deployment of its fleet-based self-driving technology and its autonomous software platform, respectively.