Momenta
About Momenta
Momenta is a Mobility startup based in Beijing, China that has raised $1.5B in venture capital across 3 funding rounds since 2016. The company reached Pre-IPO stage in July 2017 with a $46M round led by NIO Capital. Momenta's investor base includes 15 institutional funds, with NIO Capital leading the most recent equity round.
Momenta is a Beijing-based Physical AI company building autonomous driving solutions for global automotive OEMs. Founded in 2016 by Cao Xudong—formerly of Microsoft Research and SenseTime—Momenta develops deep-learning-powered ADAS and robotaxi systems through a proprietary 'data flywheel' approach: real-world data from mass-production vehicles continuously trains its World Model to advance from L2+ to L4 autonomy. Its software is deployed by Mercedes-Benz, BMW, and SAIC across millions of vehicles. Backed by Toyota, General Motors, Temasek, Tencent, and NIO Capital, Momenta became China's first autonomous driving unicorn in 2021 and is pursuing a Hong Kong IPO in 2026 at a valuation exceeding $14 billion.
Momenta Funding Rounds Timeline
3 rounds · $1.5B raised · since 2016
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series B | July 2017 | $46M | — | NIO Capital | Mercedes-Benz, Shunwei Capital, GGV Capital, Cathay Innovation, Hillhouse Capital, Sinovation Ventures |
| Series C | March 2021 | $500M | — | SAIC Motor | Toyota, Bosch, Temasek, Yunfeng Capital, Mercedes-Benz, GGV Capital, Shunwei Capital, Tencent, Cathay Innovation |
| Series C+ | November 2021 | $1B | — | SAIC Motor | General Motors, Toyota, Bosch Group, Temasek, Yunfeng Capital, Mercedes-Benz, IDG Capital, GGV Capital, Shunwei Capital, Tencent, Cathay Innovation |
Investors in Momenta
15 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Momenta
Questions about Momenta
How much has Momenta raised?
Momenta has raised $1.5B across 3 funding rounds since 2016.
Who are the investors of Momenta?
Momenta's investors include NIO Capital, SAIC Motor, Toyota Motor Corporation, Temasek, General Motors, Bosch Group, Tencent, GGV Capital, IDG Capital, Yunfeng Capital, Shunwei Capital, Cathay Innovation, Hillhouse Capital, Sinovation Ventures, Mercedes-Benz.
When was Momenta's last funding round?
Momenta's most recent round was a $46M Series B in July 2017, led by NIO Capital.
What is Momenta's valuation?
Momenta reached a $14.8B valuation (unicorn status) with its Series B round in July 2017.
Where is Momenta headquartered?
Momenta is headquartered in Beijing, China, and was founded in 2016 by [object Object].