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News, Analysis & Perspective on Autonomous Vehicles

Wayve, the lidar-free self-driving startup, raises $13.6M from Ocado

Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly lidar and other sensors to guide vehicles, is gearing up for its next stage of development with a strategic backer in its pocket. Today Ocado — the online grocer that also powers online grocery systems for other retailers like Kroger in the U.S. — announced that it is investing £10 million ($13.6 million at today’s rates) in the startup.

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