Hyundai Motor Company logo

Hyundai Motor Company

Asia, Seoul-t'ukpyolsi, South Korea, Seoul

Description

Hyundai Motor Company, a leading global automotive manufacturer based in South Korea, has established itself as a significant strategic investor in the future of mobility. Through its corporate venture arm, Hyundai CRADLE (Center for Robotic-Augmented Design in Living Experiences), and direct strategic investments, the company actively seeks out and funds innovative startups and technologies worldwide. Their investment thesis is deeply aligned with their vision for sustainable and intelligent mobility solutions, encompassing areas such as autonomous driving, artificial intelligence, robotics, electrification, smart cities, and advanced materials. This proactive investment approach allows Hyundai to secure cutting-edge capabilities and foster collaborations that will shape its next generation of vehicles and services.

Hyundai's investment portfolio reflects a strong commitment to pioneering technologies. A notable example is their 2019 investment of $90 million in Aurora, a leading autonomous vehicle technology company, demonstrating their willingness to make substantial strategic bets on critical future capabilities. Beyond direct capital injection, Hyundai often engages in strategic partnerships, joint ventures, and collaborative research and development initiatives, aiming to integrate new technologies seamlessly into their product roadmap. Their global presence, with CRADLE offices in key innovation hubs like Silicon Valley, Tel Aviv, and Berlin, enables them to identify and engage with promising ventures across diverse ecosystems.

The scale of Hyundai's commitment to future technologies extends beyond individual startup investments. The Hyundai Motor Group, which includes Hyundai Motor Company, announced a plan in 2021 to invest $7.4 billion in its U.S. operations by 2025, specifically targeting electric vehicle production, hydrogen technology, and urban air mobility. This substantial capital allocation underscores their long-term strategic vision to transition into a smart mobility solutions provider. By investing in a broad spectrum of disruptive technologies, Hyundai is positioning itself at the forefront of the automotive industry's transformation, driving innovation from within and through external partnerships to create a more connected, autonomous, and sustainable future.

Investor Profile

Hyundai Motor Company has backed more than 33 startups, with 2 new investments in the last 12 months alone. The firm has led 5 rounds, about 15% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Israel, South Korea.
  • Strong thematic focus on Software, Automotive, Transportation.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $90M.

Stage Focus

  • Series A (30%)
  • Series B (18%)
  • Series Unknown (15%)
  • Post Ipo Equity (9%)
  • Series C (6%)
  • Convertible Note (6%)
  • Corporate Round (6%)
  • Series D (3%)
  • Series G (3%)
  • Seed (3%)

Country Focus

  • United States (39%)
  • Israel (18%)
  • South Korea (12%)
  • China (9%)
  • United Kingdom (9%)
  • Switzerland (3%)
  • Singapore (3%)
  • France (3%)
  • Germany (3%)

Industry Focus

  • Software
  • Automotive
  • Transportation
  • Manufacturing
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Renewable Energy
  • Electronics
  • Autonomous Vehicles
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Hyundai Motor Company frequently co-invest with?

Sumitomo
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
Kia Motors
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 6
Toyota Ventures
North America, California, United States, Los Altos
Co-Investments: 3
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 2
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Temasek Holdings
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
LG Technology Ventures
North America, California, United States, Santa Clara
Co-Investments: 2
Franklin Templeton
North America, California, United States, San Mateo
Co-Investments: 2
Translink Capital
North America, California, United States, Palo Alto
Co-Investments: 3
Reshape
North America, New York, United States, New York
Co-Investments: 2

Which angels does Hyundai Motor Company often collaborate with?

VD
Europe, Ile-de-France, France, Paris
Shared Deals: 1
BG
North America, Washington, United States, Seattle
Shared Deals: 1
Li Ka-shing
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 1
CD
Europe, Ile-de-France, France, Paris
Shared Deals: 1
BJ
North America, Florida, United States, Jacksonville
Shared Deals: 1

What are some of recent deals done by Hyundai Motor Company?

Pajarito Powder

Albuquerque, New Mexico, United States

Developer and manufacturer of Advanced Catalysts and Engineered Catalyst Supports for Electrolyzers and Fuel Cells.

Advanced MaterialsChemicalElectronicsManufacturing
Corporate RoundApr 1, 2025
WeaveGrid

San Francisco, California, United States

WeaveGrid develops electrification software for the scalable deployment of electric vehicles on the electric grid.

AutomotiveElectric VehicleMachine LearningRenewable EnergySoftwareTransportation
Series UnknownJan 29, 2025
Obsidian Sensors

La Jolla, California, United States

Obsidian Sensors develops a glass microelectromechanical system designed to manufacture automotive sensors.

ElectronicsInformation TechnologyInternet
Convertible NoteMay 29, 2024
H2 MOBILITY

Berlin, Berlin, Germany

H2 MOBILITY is a hydrogen filling station operator that offers consulting, planning, and construction services for hydrogen stations.

ConstructionRenewable Energy
Series UnknownMar 28, 2022
Amount Raised: $120,905,428
SES

Woburn, Massachusetts, United States

SES is a manufacturer and developer of Hybrid Li-Metal Batteries for electric vehicles.

BatteryElectric VehicleEnergy StorageManufacturingRenewable EnergyWearables
Post Ipo EquityFeb 4, 2022
Amount Raised: $275,000,000
H2Pro

Caesarea, Hefa, Israel

H2Pro is a renewable energy company that is working on an efficient green hydrogen production method - E-TAC.

EnergyEnergy EfficiencyEnergy ManagementRenewable Energy
Series BJan 25, 2022
Amount Raised: $75,000,000
HiiROC

Hull, Kingston upon Hull, City of, United Kingdom

HiiROC is an industrial company that produces hydrogen from biomethane, flare gas, or natural gas with no CO2 emissions.

ElectronicsIndustrialMachinery ManufacturingManufacturing
Series UnknownNov 28, 2021
Amount Raised: $34,685,397
Tekion

Pleasanton, California, United States

Tekion is a software development company that develops business applications on the cloud.

Artificial Intelligence (AI)AutomotiveBig DataMachine LearningManagement Information SystemsSoftware
Series DOct 5, 2021
Amount Raised: $250,000,000
IonQ

College Park, Maryland, United States

IONQ develops general-purpose quantum information processors to solve the world’s complex problems.

ComputerElectronicsInformation ServicesInformation TechnologyQuantum Computing
Post Ipo EquityOct 1, 2021
Amount Raised: $350,000,000
Carrot General Insurance

Seoul, Seoul-t'ukpyolsi, South Korea

Carrot General Insurance is a digital insurance company.

Auto InsuranceFinanceInsurance
Post Ipo EquityJul 2, 2021
Amount Raised: $88,435,314