A car with Momenta Technology on display at the IAA Mobility Show held in Munich, Germany in September 2025.
Arjun Kharpal | CNBC
Momenta, a Chinese unmanned technology startup, is gathering new funding for around $6 billion that could make the company treasure.
The ratings may change as funds progress. One of the people said they wanted to remain anonymous because they were not given the authority to publicly discuss the details.
Bloomberg first reported the transaction at a valuation of over $5 billion.
Momenta declined to comment when contacted by CNBC.
Beijing headquarters develops software and algorithms that automakers can use to provide automated driving capabilities to vehicles. These companies claim that the advanced driver assistance system (ADAS) allows cars to perform several functions autonomously, such as changing lanes.
This week’s momentum and Mercedes-Benz It signed a deal to bring the Chinese company’s technology to the whole new electric CLA of the German automotive giant in China. The technology will promote Mercedes-Benz driver assistance systems across highways, city streets and parking lots, the companies said in a joint press release Thursday.
Mommesa’s technology will ultimately be equipped on 40 models developed by Mercedes-Benz.
BMW A similar agreement was signed in June to equip China’s Neue Klasse electric vehicle with Momenta technology.
Included on Momenta’s Investor List TencentTemasek, SAIC Motor, Toyota and Mercedes-Benz.
The company is participating in a competitive market, including players like nvidia China’s horizon robot. There are many other players in the autonomous driving software space. width and pony.ai.
Signing with a global automaker is a major victory for Momenta, and we are also preparing to meet the initial public offering. Reuters reported Friday that the company is considering moving its list from New York to Hong Kong.
