Momenta will help Toyota develop its Automated Mapping Platform (AMP) – a technology crucial for autonomous driving.
AMP is used to gather data for accurate and current mapping of areas that allows autonomous driving vehicles to place themselves in an environment.
Momenta is already testing autonomous cars in China. Toyota looks to make AMP commercially-available to industry developers in the region.
The partnership follows others Toyota has made in recent times – autonomous driving startup Pony.ai announcing last month a $607 million investment made by the Japanese giant into its tech.
Toyota has previously invested in SoftBank Corp and 'robotaxi' developer Uber. A $912 million investment was also made into Didi Chuxing – a Chinese ride-hailing company – in 2019.
Earlier this year, Toyota also invested $570 million into Californian aerospace company Joby Aviation which is in partnership with Uber to offer on-demand ‘sky taxis’ by 2023.