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Autonomous vehicle technology startup Momenta raises USD500 million in new financing round

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Corporate developments

Toyota, Mercedes-Benz, Bosch and SAIC Motor invested in Momenta’s latest funding round

Momenta has completed a new financing round, raising a total USD500 million, China Daily reported on 19 March. The latest funding round was led by Toyota, Bosch and Chinese automaker SAIC Motor.

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