Taobao, Tencent and others invested in Momenta, a developer of smart driving technology.

Tianyancha business information shows that recently, there have been changes in the business of Hangzhou Zhi Jian Power Technology Co., Ltd. New shareholders such as Taobao China Holding Limited and Guangxi Tencent Entrepreneurship Investment Limited have been added, and the registered capital has increased from approximately 1.395 million RMB to approximately 1.519 million RMB. At the same time, there have been changes in several key personnel. Hangzhou Zhi Jian Power Technology Co., Ltd. was established in July last year, with Jia Peng as the legal representative. Its business scope includes research and development of new materials technology, development of artificial intelligence basic software, and development of artificial intelligence theory and algorithm software. According to shareholder information, the company is now jointly owned by Jia Peng, Wang Kai, and the newly added shareholders mentioned above. Public information shows that the company is a smart driving technology research and development company, and it is the entrepreneurial project of Jia Peng, former head of intelligent driving technology research and development at the former Ideal Car.