Autonomous vehicle software company Oxbotica has announced the completion of a £14 million (more than $18.5 million USD) investment, which will be used to support the “next stage of its growth strategy,” the company says.

According to Oxbotica, the investment will be used to further accelerate its sustained growth, which has already seen it generate “significant” revenues, the company says, from an international customer base. Some of the company’s customers include well-known businesses in sectors such as aerospace, automotive, construction, logistics and mining.

Oxbotica’s software has been utilized for several “industry-leading projects” that are testing the future application of autonomy, including with Ocado, at Heathrow Airport in Longford, England, and on major city streets.

“The domain-agnostic design of our technology, as well as its independence from external infrastructure such as GPS, makes it uniquely versatile across a range of industries. This has allowed us to trade from day one, attracting a significant blue-chip customer base,” says Paul Newman, Co-Founder of Oxbotica.

“Together with our customers and partners, my fellow founder Ingmar Posner and I look forward to taking our technology – and our products – to the next level.”

Oxbotica’s software uses the latest in computer vision, machine learning and artificial intelligence, allowing vehicles to operate autonomously in any environment and on any terrain. Because of this, the software has become an attractive technology for enterprises interested in increasing efficiency, productivity and safety.

Selenium, which is Oxbotica’s control system, gives vehicles the ability to sense their surroundings, while Caesium, the company’s cloud-based fleet management system, can schedule and co-ordinate fleets of vehicles.

“We are on a mission to bring autonomous software to the world’s biggest markets,” says Graeme Smith, CEO of Oxbotica. “We have already seen extraordinary demand from a range of sectors and markets, with the successful deployment of our technology across a strong customer base over the previous four years.”