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A Welsh start-up is on track to deliver one the of first road-legal driverless vehicles in 2018 after a successful crowdfunding campaign.

Kar-Go, built by The University of Aberystwyth-based Academy of Robotics is capable of delivering items to retail customers on unmarked roads without human assistance.

The Academy recently closed its equity crowdfunding campaign on Crowdcube at more than £321k – 107 per cent of its original target.

The 321K raised will also be matched by “one of the largest tech companies” in the world, according to William Sachiti, the group’s founder.

By using a combination of advanced robotics, driverless vehicle technology and an advanced package management system, Kar-Go will be able to make deliveries in residential areas at any time of the day.

With a wider scope to operate on public roads, the Academy is partnered with UK car manufacturer Pilgrim, and has already gained the appropriate legal requirements from the UK government’s Centre for Autonomous Vehicles.

Sachiti hopes his invention will remove up to 98% of delivery costs.

He said: “We have a stellar team who are excited to have begun working on what we believe will probably be the best autonomous delivery vehicle in the world.

“For instance, our multi-award winning lead vehicle designer is part of the World Championship winning Brabham Formula One design team, and also spent years as a Design Engineer at McLaren.

“We also have a team of PHD level roboticists and scientists, and together, we are already working in Kar-Go at a Pilgrim Motorsports facility in Small Dole, West Sussex.

“We now also have over 300 shareholders.