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Momenta (company)

Momenta (company)

Momenta is a Beijing-based startup that designs software for autonomous vehicles.

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 offers multi-level autonomous driving solutions as well as big data products and services.

Momenta’s team is composed of some of the world’s top experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. Momenta is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.

Timeline

October 2018
Momenta raises a $12,000,000 series C round from CCB International, China Merchants Port, NIO Capital, Pagoda Investment and Tencent.
July 2017
Momenta raises a $46,000,000 series B round from Daimler AG, Hillhouse Capital Group, NIO Capital, Sequoia Capital China, Shunwei Capital, Sinovation Ventures and Unity Ventures.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Momenta funding round, October 2018
12,000,000
October 2018
2 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Gang Sun

Co-Founder

Shaoqing Ren

Co-Founder

Xudong Cao

Co-Founder, CEO

Yan Xia

Co-Founder

Further reading

Title
Author
Link
Type
Date

China's Rise In The Global AI Race Emerges As It Takes Over The Final ImageNet Competition

Aaron Tilley

Chinese self-driving car startup Momenta drives away with $46 mln Series B - PE Hub

Iris Dorbian

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Rita Liao
June 30, 2020
TechCrunch
In China and the U.S., there's much debate about when and how humans will achieve fully autonomous robotaxis at scale -- cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks [...]
Reuters Editorial
March 18, 2020
U.S.
Japanese automaker Toyota Motor Corp has partnered with Chinese autonomous driving startup Momenta to develop a high definition (HD) mapping platform in China for autonomous driving vehicles, Momenta said in a statement.

References

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