IP Group is an investor focused on turning companies with outstanding innovations into successful businesses.
Growthdeck led the round with participation from existing investors IP Group and Parkwalk.
"We’re excited to be backing a business that solves such a vitally important and growing issue – the preservation of data, now and in the future."
The investment coincides with a commercial partnership to integrate autonomous vehicle software into warehouse and delivery operations.
"We are excited about the opportunity to work with Oxbotica to develop a wide range of autonomous solutions that truly have the potential to transform both our and our partners’ CFC and service delivery operations, while also giving all end customers the widest range of options and flexibility."
The seed round was led by UCL Technology Fund and IP Group to help fund memory device prototyping.
"Existing memory technologies, such as Flash, are reaching the limits of their capabilities – particularly in embedded systems such as those we need in IoT devices. Intrinsic’s memristor technology will transform next generation systems by combining high performance with ease of integration in digital CMOS. By basing our devices on silicon oxide, we ensure that they are as simple and as cheap to integrate with silicon-based electronics as it is possible to be."
The Series B round was led by bp ventures with participation from a global investor syndicate.
"We are very excited about the amazing endorsement we have received from new and existing investors. This round of investment marks a key chapter in Oxbotica’s continued growth and pushes us forward in commercialising our autonomous software today, through key strategic go-to-market partnerships. The high-quality and global footprint of our investors cements our position as a leader in autonomy. We will use funds raised to accelerate the global deployment of our transformative technology."
The funding round was led by Foresight Group and Williams Advanced Engineering alongside existing backer IP Group.
"Audioscenic is changing the way we experience audio and we are delighted that Foresight Williams is now supporting us on this mission and that IP Group is continuing its excellent support. We have developed world leading 3D audio technology that we have already started applying to consumer applications; this funding will help us build the team further and drive the adoption of our technology faster. We are excited to leverage FWTs expertise and assistance to help us deliver our vision of personal audio reproduction systems into the Automotive and Simulator markets."
