Chinese ADAS supplier Momenta carry on picking up speed—and money. After raising USD $500m last March from Toyota; SAIC; Daimler, and Bosch, and then announcing a $300m investment from General Motors in September, they announced a new $500m round of funding from Mercedes-Benz, IDG Capital, and Tencent.Momenta got started in 2016 by a team of…
Momenta Gain Traction in ADAS, AD
