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Kroger partner Ocado is on his way to deliver robot groceries with his investment in autonomous vehicles.


Logistics conglomerate and high-tech supermarket Ocado are driving a future where from warehouse to doorstep, groceries will be handled by robots.

British conglomerate, grocery delivery rival of online retail giant Amazon
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+ 0.44%

in UK and engage with grocer Kroger
KR,

in the US, it will invest £ 10 million ($ 13.8 million) in a commercial partnership with Oxbotica, a self-propelled vehicle software company, the company said on Friday.

Stocks in Ocado
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+ 1.87%

up almost 2% for the day, helping London’s blue-chip FTSE 100
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+ 0.52%

index top 7,000 for the first time in more than a year.

Ocado said the partnership will include collaborating on hardware and software interfaces for autonomous vehicles, integrating Oxford’s software platform, and UK-based Oxbotica on vehicles. by Ocado.

More: Tesla’s self-driving truck rival TuSimple raised $ 1 billion in its IPO, valuing it at $ 8.5 billion

The next steps are for Ocado to equip its delivery trucks and warehouse trucks with data collection capabilities to help Oxbotica test its technologies. The vision is to automate the entire grocery delivery process: from vehicles operating inside and outside of Ocado’s warehouse, to end-to-end delivery vehicles and “from the kitchen” robots.

“We are excited about the opportunity to partner with Oxbotica to develop a range of autonomous solutions that truly have the potential to change both us and our partners. ‘ [customer fulfillment center] and service delivery, while giving all end customers the most options and flexibility, ”said Alex Harvey, head of Ocado’s advanced technology division.

Founded by Goldman Sachs before
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+ 0.86%

in 2000, Ocado’s business was built on its roots as a high-tech grocery delivery company – and it was a competitor in the flourishing British supermarket sector. But one of the key areas for its growth is the creation of custom warehousing and logistics solutions using its proprietary robotics technology.

Read more: Kroger and Ocado bring bots to a new high-tech facility as the digital competition between grocery stores heats up

Accordingly, they have a partnership with US retail giant Kroger since 2018. Earlier this week, Kroger opened the first Ocado warehouse that combines robotics and machine learning to deliver fresh food quickly. is located in Monroe, Ohio, north of Cincinnati.

Ocado said the “ultimate ambition” of a multi-year partnership with Oxbotica is to allow partners like Kroger to reduce the costs of both forwarding and last-mile logistics.

The £ 10 million investment in Oxbotica is part of the company’s Series B equity financing round, led by the energy giant BP’s joint venture arm.
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-0.18%
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have tested autonomous vehicles using Oxbotica’s technology at an oil refinery in Germany. Chinese technology giant Tencent
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+ 1.94%

and the Halma safety equipment group
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+ 0.16%

is one of the other investors.

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