SAIC Motor Raises $143M With Robotaxi Partner Momenta
August 17, 2022
SAIC Motor has raised 1 billion yuan, including investment from autonomous ride-hailing developer and partner Momenta. The companies are operating robotaxis in China.
BYD and Momenta Create DiPi Intelligent Mobility Joint Venture for Autonomous Driving
December 27, 2021
Electric vehicle manufacturer BYD has partnered with autonomy software developer Momenta to establish DiPi Intelligent Mobility and scale implementation of self-driving cars.
Momenta Drives Off With $500M in Series C Funding for Autonomous Driving
November 4, 2021
Momenta, which says its "flywheel" path will lead to rapid development and mass production of self-driving cars, has raised more than $1.2 billion total from investors and automakers.
GM Invests $300M in Momenta to Deploy Self-Driving Technologies in China
September 23, 2021
As part of its global strategy toward electric and autonomous vehicles, General Motors is investing in Momenta, a Chinese developer of self-driving software.
Top 10 Robotics and Automation Transactions in Q1 2021
April 5, 2021
From autonomous trucks and aerial drones to mobile robots, companies across robotics and automation obtained funding in the first quarter.