Momenta Reportedly Pursues Confidential Hong Kong IPO, Targeting $1B+ Raise
Momenta has confidentially filed for a Hong Kong IPO and is reportedly working with CICC and Deutsche Bank, with fundraising discussions pointing to at least $1 billion. The move follows a prior confidential US IPO filing in 2024 that has since lapsed, as the company seeks a viable public-market route for scaling autonomous driving operations.