High-tech supermarket and logistics group Ocado is pushing toward a future where, from warehouse to doorstep, groceries will be handled by robots.
The British group, a grocery delivery rival to online retail giant Amazon in the U.K. and joined with grocer Kroger in the U.S., will invest £10 million ($13.8 million) in a commercial partnership with Oxbotica, an autonomous vehicle software company, the company said on Friday.
Shares in Ocado climbed near 2% on the day, helping London’s blue-chip FTSE 100 index top 7,000 for the first time in more than a year. The partnership will involve collaborating on hardware and software interfaces for autonomous vehicles, Ocado said, integrating Oxford, U.K.-based Oxbotica’s software platform on Ocado’s vehicles.
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