Momenta
Founded Year
2016Stage
Series C - II | AliveTotal Raised
$1.283BLast Raised
$500M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-24 points in the past 30 days
About Momenta
Momenta is a leading company in the autonomous driving technology domain, focusing on developing software solutions for full vehicle autonomy. The company offers products such as MSD, a fully autonomous driving solution designed for taxis and private cars, and Mpilot, a mass-production-ready software for highly automated driving in private vehicles. Momenta's solutions are built on a unique 'flywheel approach' that combines a data-driven methodology with iterative algorithm enhancements to address complex driving scenarios. It was founded in 2016 and is based in Beijing, Beijing.
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ESPs containing Momenta
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Companies in this market operate fleets of autonomous vehicles that provide on-demand passenger transportation services without human drivers. These robotaxis use advanced AI, sensors, and mapping technologies to navigate city streets and transport passengers to their destinations. Robotaxis often use one of two distinct approaches -- either retrofitting existing passenger vehicles with autonomous…
Momenta named as Challenger among 13 other companies, including Tesla, Baidu, and Waymo.
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Research containing Momenta
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Momenta in 5 CB Insights research briefs, most recently on Feb 1, 2023.
Expert Collections containing Momenta
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Momenta is included in 5 Expert Collections, including Auto Tech.
Auto Tech
2,550 items
Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.
Unicorns- Billion Dollar Startups
1,249 items
Smart Cities
2,135 items
AI 100
200 items
Artificial Intelligence
9,074 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest Momenta News
Oct 17, 2024
Chinese automaker GAC partners with Momenta on automated driving software Credit: Momenta Aion, the electric vehicle unit of Chinese automaker GAC Group, has partnered with Momenta for the supply of a Level 2+ advanced driver assistance system, a major client win for the autonomous vehicle startup after previous deals with auto majors including BYD. GAC, a longtime manufacturing partner of Toyota and Honda in China, and Momenta, backed by several car giants including General Motors, Toyota, and SAIC, will together push for a wide release of the Navigated Driving Assist (NDA) function on Aion-branded EVs. The two companies claimed future production models will be capable of navigating by themselves in complicated and challenging traffic environments, enabled by end-to-end neural networks, a technology advocated by Tesla that takes raw sensor data as input and produces control actions as output. The all-new Aion V crossover, Aion’s first global model presented at the ongoing 2024 Paris Motor Show, will incorporate Momenta’s artificial intelligence algorithms, and its parent is targeting 500,000 overseas sales by 2030. A growing number of cars models from major automotive groups will now use or have implemented Momenta’s technology for assisted driving functions such as automated overtaking and lane changing, including the Toyota bZ3X crossover, Mercedes-Benz’s CLA class, and SAIC’s IM Motors lineup. Eight-year-old Momenta, headquartered in the eastern Chinese city of Suzhou, in June received approval for a public listing on Nasdaq from the China Securities Regulatory Commission. [ TechNode reporting , Momenta release , in Chinese] Related
Momenta Frequently Asked Questions (FAQ)
When was Momenta founded?
Momenta was founded in 2016.
Where is Momenta's headquarters?
Momenta's headquarters is located at 5F-AB, No.8 College, No.18 Xueqing Road, Beijing.
What is Momenta's latest funding round?
Momenta's latest funding round is Series C - II.
How much did Momenta raise?
Momenta raised a total of $1.283B.
Who are the investors of Momenta?
Investors of Momenta include Yunfeng Capital, Bosch, Toyota, Temasek, SAIC Motor and 24 more.
Who are Momenta's competitors?
Competitors of Momenta include WeRide, Waymo, Applied Intuition, Propeller, Civil Maps and 7 more.
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Compare Momenta to Competitors
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Ushr, also known as Dynamic Map Platform North America, specializes in geospatial measurement and high-definition mapping for the automotive industry. The company offers precision maps and software that support advanced driver assistance systems, semi-autonomous, and autonomous driving applications. Ushr's products provide critical road data and infrastructure information for automotive manufacturers and government transportation projects. It was founded in 2017 and is based in Livonia, Michigan. Ushr operates as a subsidiary of Dynamic Map Platform.
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