Momenta

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  • November 17, 2021
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China’s sweeping clampdown on its internet industry has chilled investors and startups betting on once red-hot areas like games and e-commerce. But investors aren’t slowing their pace in the country. The consumer internet boom in the 2010s gave rise to juggernauts like Tencent and Alibaba. As digitization spreads to more traditional sectors, new giants will […]
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  • November 5, 2021
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In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. The new injection brings the total of the startup’s Series C to over $1 billion. Momenta adapts what it calls a two-legged […]