Momenta raised $752 million in its Hong Kong IPO, valuing the autonomous driving software company at nearly $9 billion with backing from GIC and Fidelity.

Momenta raised $752 million in its Hong Kong IPO, valuing the autonomous driving software company at nearly $9 billion with backing from GIC and Fidelity.

Startup with 9 of world's top 10 carmakers as clients raises over $750m in IPO

Chinese autonomous driving firm Momenta debuted on the Hong Kong stock exchange on Wednesday, rising 3%.

36氪获悉,7月8日,物理AI公司Momenta正式在港交所挂牌上市,股票代码为6880.HK,成为“物理AI第一股”。股价开盘涨超6%,总市值突破700亿港元。根据Momenta此前公布的配售结果,上市定价为295.6港元/股,假设“绿鞋”(超额配股权)全额行使,此次全球发售约2293万股,募集资金总额约68亿港元。前一日,Momenta宣布,其量产业务搭…

Self-driving startup tied to top carmakers met with caution after raising $750m in IPO

Momenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5.89 billion in its initial public…

Self-driving startup tied to top carmakers met with caution after raising $750m in IPO

Empresa sediada em Suzhou, na província de Jiangsu, na China continental, junta-se à crescente lista de empresas de direção autônoma que recorrem ao mercado acionário de Hong Kong…

Raising about HKD 6.8 billion in a heavily subscribed offering, the company is pitching its world model as the foundation for physical AI applications.