About Momenta
Momenta is a company based in Beijing (China) founded in 2016. It operates as a AI-as-a-Service and Mobility-as-a-Service. Momenta has raised $1.42 billion across 8 funding rounds from investors including Tencent, NIO and Mercedes-Benz. Momenta offers products and services including Mpilot, MSD, and Scalable Robo. Momenta operates in a competitive market with competitors including Aurora, Cruise, Waymo, Ridecell and WeRide, among others.
- Headquarter Beijing, China
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Momenta Europe Gmbh
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Annual Revenue
$91.69 K (USD)0as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.42 B (USD)
in 8 rounds
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Latest Funding Round
$500 M (USD), Series C
Nov 04, 2021
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Investors
Tencent
& 24 more
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Employee Count
Not available
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Products & Services of Momenta
Momenta offers a comprehensive portfolio of products and services, including Mpilot, MSD, and Scalable Robo.
Mpilot is developed for assisted driving technology solutions.
MSD is designed for advanced assisted driving features.
Scalable Robo is created for urban robotaxi mobility solutions.
People of Momenta
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Funding Insights of Momenta
Momenta has successfully raised a total of $1.42B across 8 strategic funding rounds. The most recent funding activity was a Series C round of $500 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Momenta
Momenta has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, NIO and Mercedes-Benz.
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Private equity investments are managed by Yunfeng Capital in China.
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Investor details for Momenta
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Investments & Acquisitions by Momenta
Investment portfolio details for Momenta
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Financial Statements - Momenta
Detailed financials for Momenta
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Momenta Comparisons
Peer comparison for Momenta
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Competitors of Momenta
Momenta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aurora, Cruise, Waymo, Ridecell and WeRide, among others.
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AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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SaaS-enabled hardware and software for autonomous vehicles are developed.
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Self-driving vehicle solutions are developed and deployed for transportation.
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Cloud-enabled platforms for shared mobility and fleet management are provided.
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AI-powered self-driving technology is developed for autonomous vehicles.
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Detailed competitors of Momenta
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Latest news on Momenta
Complete news archive for Momenta
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Frequently Asked Questions about Momenta
Momenta was founded in 2016.
Momenta is headquartered in Beijing, China.
Momenta is a funded company, having raised a total of $1.42B across 8 funding rounds to date.
Annual revenue of Momenta is $91.69K as on Dec 31, 2022.
Momenta is engaged in creating advanced autonomous driving technologies. The company operates within the automotive technology sector, offering solutions for assisted driving from L2 to L2 with plans for L3 and L4 advancements. Products like Mpilot and MSD are tailored for various vehicle models and market segments. Additionally, Scalable Robo is developed as a robotaxi service to enhance urban mobility with safety and efficiency. A data-driven flywheel approach and a two-leg strategy are utilized to balance mass production and full autonomy solutions.
Momenta offers Mpilot, MSD, and Scalable Robo.
Momenta has 25 investors. Key investors include Tencent, NIO, Mercedes-Benz, Bosch, and Toyota.
The valuation of Momenta is $1B as of Oct 2018.