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Chinese self-driving technology startup Momenta has raised $500 million in a C+ Round of financing, making its overall C Round total more than $1 billion.
SAIC Mobility, a unit of top Chinese automaker SAIC Motor, in conjunction with autonomous driving startup Momenta, have begun offering autonomous robotaxi test rides to the public in a Shanghai district as part of a trial.
In last week’s VC news, General Motors invests in Chinese autonomous driving startup Momenta, Nreal raises new funds for international expansion, NetEase invests in game publisher Kepler Interactive.
In last week’s VC news, prominent autonomous driving technology company Momenta raised $500 million in a Series C+ round, bringing its total Series C financing to a whopping total of $1 billion.