Autonomous Driving Unicorn Momenta Raises $500M From SAIC, Toyota, Bosch and Others
Chinese autonomous driving unicorn Momenta has completed its Series C round of financing, amounting to $500 million.
3/19/20213 min read
Tag: #momenta
Showing 5 of 5 posts with this tag
China VC Weekly: Autonomous Driving, Battery Health, Drones and More
In last weeks VC news: Bain Capital bets on Newlink, XAG raises funds for R&D, Momenta bags $500 million, while Fova Energy secures new funds from Shunwei Capital.
3/24/20215 min read
GM Invests $300 million in Chinese Autonomous Driving Start-up Momenta
General Motors announced on Thursday that it will invest $300 million in Momenta, a Chinese autonomous driving start-up, in an effort to accelerate the development of self-driving technology withinthe Chinese market.
9/24/20212 min read
BYD and Momenta Establish Intelligent Driving Joint Venture
BYD and Momenta have announced a new joint venture, Shenzhen Dipai Zhixing Technology Co., Ltd. (Dipai Zhixing).
12/27/20213 min read
Mercedes-Benz Will Adopt the Momenta Light Mapping Urban Area Solution
Mercedes-Benz is reported to adopt the Momenta Light Mapping Urban Area Solution, with the CLA model launching first and set to be implemented in April 2025.
6/6/20242 min read