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July 26, 2017 03:16 am GMT

Momenta raises $46M Series B for its self-driving car software

Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems.Shunwei Capital, Sinovation Ventures, Unity Ventures andDaimler also participated in the round.Quite a few U.S. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ByDJS45q_gs/

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