Momenta

Smart VehiclesListed · HKEX 06880.HK
IPOUSD 750M2026-07

Listed on HKEX (06880.HK) on 2026-07-08 with an IPO price of HKD 295.6; global offering of approx. 19.9383M shares raised approx. HKD 5.89B (net approx. HKD 5.615B). Public subscription oversubscribed 414 times, marking the largest HK IPO that day; Uber was allocated an additional 397,600 shares, bringing its total holding to 1.1887M shares.

View funding history →
Data cutoff
2026-10-03

Company Profile

Momenta, listed on HKEX as 'Physical AI First Stock,' delivers L2+ to L4 autonomous driving solutions. Using mass-production data to refine algorithms, it serves clients like Mercedes-Benz and Toyota. Revenue grew significantly from 2023 to 2025, maintaining high gross margins.

Founded
2016
Headquarters
Beijing, China
Listing
HKEX · 06880.HK