Artificial Intelligence | Machine Learning | Machine Perception Momenta | Building Autonomous Driving Brains


Enterprise, Information Services, Automotive, Self-Driving Vehicles, Computer Vision, Mapping Services Beijing , China

Momenta

Artificial Intelligence | Machine Learning | Machine Perception


Momenta | Building Autonomous Driving Brains

Momenta

Information Services, Automotive, Self-Driving Vehicles, Computer Vision, Mapping Services


Beijing , China

Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services.

Momenta is building the “brain” for autonomous vehicles. Our deep learning-based software in perception, HD Map, and data-driven path planning enables the realization of full autonomy. Momenta pursue a two-leg strategy of autonomous driving for mass-production passenger vehicles (Mpilot) and full autonomy (MSD) for mobility service vehicles. Data, data-driven algorithms, and closed-loop automation between Mpilot and MSD are the key to achieving autonomous driving at scale.

 

B2B

501 to 1000

Funded

$203,150,880

Scaling Up

2016

 
 

Information Services
Automotive

Improve Safety & Efficiency

N/A

 
 

Service

Yes

Active

 
 

   Machine Learning
   Machine Perception


Autonomous Driving

Autonomous Driving


Image

Image

Video

Video

 

   Software & Hardware


Python

Python

C/C++

C/C++


Machine Learning Algorithm

Machine Learning Algorithm

Computer Vision Algorithm

Computer Vision Algorithm

 
 

Nov 2021

  • Momenta Rasies over $1 billion in Series C financing

Sep 2021

  • General Motors acquires a stake in Momenta

Mar 2021

  • Momenta obtains ASPICE L2 certification
 
 

5

2

$400M

Company was founded 2016 and it took almost 5 years (Sep 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

11/05/2021

Series C

$500M

Invesco Private Capital, Tencent, SAIC Motor, General Motors, Bosch

Date : 11/05/2021

Round: Series C

$ Raised: $500M

Investors: Invesco Private Capital, Tencent, SAIC Motor, General Motors, Bosch

09/23/2021

Funded

$300M

General Motors

Date : 09/23/2021

Round: Funded

$ Raised: $300M

Investors: General Motors

 

Investors

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Xudong Cao


Xudong Cao
CEO

Hardy Zhang


Hardy Zhang
CFO

Jijay Shen


Jijay Shen
Global Vice President

Li Jun


Li Jun
Senior Director Sales and marketing

Tao Bi


Tao Bi
Director - Corporate Financing and Investment

 
 

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