Autonomous driving startup Momenta raises another $500M
TechCrunch
NOVEMBER 5, 2021
Momenta adapts what it calls a two-legged strategy of supplying advanced driver assistance systems (ADAS) to auto OEMs like GM and Tier 1 suppliers like Bosch, while conducting R&D on truly unmanned vehicles, that is, Level 4 driving. Instead, it counts on gleaning data from a network of mass-produced vehicles powered by its solutions.
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