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July 26, 2017

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. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and Daimler also participated in the round. Quite a few U.S. startups are trying to create… Read More

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