.
MergerLinks Header Logo

New Deal


Announced

Completed

SAIC Motor, Toyota Motor and Bosch led a $500m Series C round in Momenta.

Financials

Edit Data
Transaction Value£359m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

self-driving technology

Minority

Auto Technology

Single Bidder

China

Completed

Acquisition

Friendly

autonomous driving

Private

Venture Capital

Private Equity

Cross Border

Synopsis

Edit

SAIC Motor, Toyota Motor, and Bosch led a $500m Series C funding round in Momenta, a Chinese autonomous driving startup. Other investors include YF Capital, Tencent Holdings, Temasek Holdings, Shunwei Capital, Mercedes Benz, Daimler, and Cathay Capital. The investment marks an important step toward the firm's international expansion.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US