China’s self-driving auto startup Momenta raises new round at over $1b valuation

A Google self-driving car is seen inside a lobby at the Google headquarters in Mountain View, California November 13, 2015. REUTERS/Stephen Lam/Files

Momenta, a China-based autonomous driving company, has secured a fresh round of funding from strategic investors, including Tencent, at a valuation crossing the $1-billion mark, giving it the unicorn tag.

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