Cathay Capital Fund Leads Series B2 Round In Chinese Autonomous Driving Tech Firm Momenta


A fund managed by Cathay Capital Private Equity has led a series B2 round in Chinese autonomous driving tech start-up Momenta, with participation from GGV Capital. In an announcement, the company and the investors did not disclose how much capital was committed in the series B2 round, which came three month after Momenta completed a US$46 million series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Cathay Capital invested via its Cathay Innovation fund, which was …

Cathay Capital Fund Leads Series B2 Round In Chinese Autonomous Driving Tech Firm Momenta appeared first on China Money Network.


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