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
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EBITDA
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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
Employee Count
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Products & Services of Momenta
Momenta offers a comprehensive portfolio of products and services, including Mpilot, MSD, and Scalable Robo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $500.0M
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First Round
First Round
(14 Nov 2016)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - Momenta | Valuation | SAIC Motor , General Motors | |
| Sep, 2021 | Amount | Series C - Momenta | Valuation | SAIC Motor | |
| Jul, 2021 | Amount | Series A - Momenta | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Momenta
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Momenta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Momenta Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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| domain | founded_year | HQ Location |
Cloud-enabled platforms for shared mobility and fleet management are provided.
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| domain | founded_year | HQ Location |
AI-powered self-driving technology is developed for autonomous vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Momenta
Frequently Asked Questions about Momenta
When was Momenta founded?
Momenta was founded in 2016.
Where is Momenta located?
Momenta is headquartered in Beijing, China.
Is Momenta a funded company?
Momenta is a funded company, having raised a total of $1.42B across 8 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Nov 14, 2016.
What is the annual revenue of Momenta?
Annual revenue of Momenta is $91.69K as on Dec 31, 2022.
What does Momenta do?
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.
What products or services does Momenta offer?
Momenta offers Mpilot, MSD, and Scalable Robo.
Who are Momenta's investors?
Momenta has 25 investors. Key investors include Tencent, NIO, Mercedes-Benz, Bosch, and Toyota.
What is Momenta's valuation?
The valuation of Momenta is $1B as of Oct 2018.
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