Hyundai Motor Company

Hyundai Motor Company is a South Korean multinational automotive manufacturer, established in 1967. It produces and distributes a wide range of vehicles globally, including cars, SUVs, commercial vehicles, and eco-friendly models. The company operates through Vehicle, Finance, and Other segments, offering vehicle financing services and engaging in research & development activities. Hyundai Motor Company is the world's fifth-largest automaker.

Tarun Garg

COO

John Suh

Founding Director, New Horizons Studio

Sukhwan Yun

Senior Investment Manager (CVC) / Head of Operation at CRADLE Berlin

Past deals in Autonomous Vehicles

42dot

Corporate Round in 2024
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Obsidian Sensors

Convertible Note in 2024
Founded in La Jolla, California in 2017, Obsidian Sensors specializes in developing high-resolution thermal imaging sensors and cameras. Utilizing a proprietary glass microelectromechanical system (MEMS) manufacturing process, the company produces uncooled microbolometers at lower costs and on a larger scale than conventional silicon-based devices. Their products cater to automotive (ADAS and autonomy), security/surveillance, drones, and industrial applications.

BOS Semiconductors

Venture Round in 2023
BOS Semiconductors designs and manufactures semiconductor technology for the automotive industry, focusing on automotive-grade chips for autonomous driving and high-performance in-car computing. The company specializes in producing self-driving security operation centers and Mega-MCU high-performance computing systems, employing gateway system-on-chip technologies to enable advanced vehicle features. Through these offerings, BOS Semiconductors supports automakers in developing autonomous driving capabilities and powerful in-vehicle compute, contributing to safer and more capable automotive electronics.

42dot

Corporate Round in 2023
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

42dot

Acquisition in 2022
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Floatic

Seed Round in 2022
Floatic develops robotic solutions for automating warehousing processes. Their system uses autonomous robot movement technology and multi-robot control software to enhance efficiency in logistics, particularly for e-commerce warehouses.

MORAI

Series B in 2022
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

EVAR

Series A in 2021
EVAR develops autonomous robotic charging systems for electric vehicles. Their technology enables convenient, hazard-aware charging through license plate or QR code recognition.

Ottopia

Series A in 2021
Ottopia Ltd., headquartered in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry. The company's flagship product is a teleoperations software platform, recognized twice by Frost & Sullivan as the best in its market. This platform combines AI with human drivers' expertise to facilitate driverless experiences across various vehicle types, including cars, buses, trucks, construction machines, and delivery vehicles. Ottopia partners with prominent industry players such as Hyundai, Magna International, Deutsche Telekom, Motional, EasyMile, MooVita, Serve Robotics, and NVIDIA. By employing Ottopia's technology, original equipment manufacturers (OEMs) can generate new recurring revenue streams while reducing research and development costs.

Boston Dynamics

Acquisition in 2020
Boston Dynamics, Inc. is an engineering company based in Waltham, Massachusetts, specializing in the design and manufacture of advanced robots and software for human simulation. Founded in 1992 as a spin-off from the Massachusetts Institute of Technology, the company has gained recognition for its innovative robots that mimic animal movement, such as Spot, a quadruped robot, and Atlas, a humanoid robot. These robots are equipped with cutting-edge mobility, dexterity, and intelligence, allowing them to perform tasks in challenging environments, including industrial plants, construction sites, and warehouses. Boston Dynamics also develops software for human simulation, which is utilized in various training applications, including law enforcement and military operations. The company collaborates with organizations globally, providing solutions to some of the most complex challenges in automation and robotics.

Upstream Security

Series B in 2019
Upstream Security is a cloud-based platform provider focused on automotive cybersecurity for connected and autonomous vehicles. The company offers a data management platform that collects and centralizes highly distributed vehicle data into structured data lakes, enabling cybersecurity detection and response (V-XDR) and data-driven applications. Its AutoThreat Intelligence delivers threat intelligence integrated into customers’ environments and vehicle security operations centers. Leveraging big data and machine learning, the platform combines layered security gateways and analytics to deliver real-time visibility and actionable insights on security, privacy, and fraud. The company serves automotive OEMs, suppliers, and other clients, protecting millions of vehicles worldwide.

Realtime Robotics

Series A in 2019
Realtime Robotics, Inc. is a Boston-based company founded in 2016 that specializes in developing motion planning and control technologies for robots and autonomous vehicles. The company offers a collision-free motion planning platform that allows robots to react instantaneously to their surroundings, enabling safe operation in unstructured environments. Their RapidPlan processor integrates advanced software and hardware, allowing for the generation of safe motion plans in milliseconds, effectively eliminating the trade-off between speed and safety in automation. By facilitating seamless interaction with both static and dynamic objects, Realtime Robotics enhances the capabilities of robots in various applications, including industrial automation and autonomous vehicles, thereby promoting broader adoption and integration of robotics technology in everyday operations.

Aurora

Series B in 2019
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

Percepto

Series A in 2019
Percepto is a developer of autonomous drone technology for inspection and surveillance. The company is at the forefront of redefining how industrial sites and critical infrastructure are holistically inspected and monitored, harnessing remote robotics to autonomously collect, aggregate, and analyze visual data. Leveraging its experience with Percepto Sparrow, the first deployed drone-in-a-box solution on the market, Percepto introduced Percepto AIM (Autonomous Inspection and Monitoring), the first end-to-end autonomous inspection and monitoring platform. Percepto AIM empowers the remote operation center of the future to assess risk, minimize downtime, drive efficiency, increase safety, and reduce operational costs.

MORAI

Seed Round in 2019
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

42dot

Seed Round in 2019
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

JIMU Intelligent

Series B in 2019
JIMU Intelligent is a technology company established in 2011, based in Wuhan, China, specializing in intelligent driving solutions. The company develops advanced driver assistance systems (ADAS) that utilize artificial intelligence to enhance vehicle safety and navigation. Its product offerings include driver assistance devices such as FPGA ADAS, automotive cameras, and integrated systems that provide features like lane, vehicle, and pedestrian detection. JIMU Intelligent's solutions are designed to reduce automobile collisions by warning drivers of potential dangers in advance, making them suitable for various applications in the automotive industry, fleet management, and insurance sectors. The company aims to support global original equipment manufacturers (OEMs) in achieving safer driving through its cutting-edge technology, contributing to the goal of Vision Zero, which seeks to eliminate traffic fatalities.

StradVision

Series A in 2018
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

Perceptive Automata

Series A in 2018
Perceptive Automata, Inc. is a technology company specializing in machine learning and computer vision solutions aimed at predicting human behavior in the context of automated driving. Founded in 2014 and located in Somerville, Massachusetts, the company addresses the complex challenges associated with the safe deployment of highly automated and fully autonomous vehicles, particularly in urban settings. Its advanced AI inference models allow vehicles to anticipate the actions of pedestrians, cyclists, and other drivers, enhancing safety and enabling smoother navigation in human-dominated environments. By integrating its software into autonomous driving systems, Perceptive Automata facilitates a more natural driving experience, which is crucial for the acceptance of autonomous vehicles and robotaxi services. The company's team comprises experts from prestigious institutions such as Harvard, MIT, and Stanford, reflecting a strong foundation in neuroscience and artificial intelligence.

StradVision

Series A in 2018
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

Metawave

Venture Round in 2018
Metawave Corporation is a technology company based in Palo Alto, California, specializing in the development of advanced beamsteering radars using metamaterials and artificial intelligence. Founded in 2017, the company primarily serves the automotive industry, offering innovative solutions for safe automated driving. Its flagship product, SPEKTRA, is designed to enhance safety for automakers by providing high-performance radar capabilities for 3D imaging and vehicle-to-vehicle communications. Additionally, Metawave develops TURBO active repeaters to extend signal coverage in difficult environments, as well as ECHO passive reflectors to optimize signal direction in areas with lower coverage. The company also offers AWARE, an AI platform that leverages deep learning to extract valuable information from radar signals. In parallel, Metawave is working on smart beamsteering antennas to improve 4G and 5G networks, aiming to enhance connectivity for billions of users.

Autotalks

Series D in 2017
Autotalks, Ltd. is a fabless semiconductor company specializing in vehicle-to-everything (V2X) communications for both manned and autonomous vehicles. Founded in 2008 and headquartered in Kfar Netter, Israel, the company develops a range of automotive-grade chipsets, including the CRATON integrated vehicular communication processor and the PLUTON V2X RF Transceiver. These products enable vehicles to communicate with each other and with infrastructure, enhancing safety and mobility. Autotalks also offers the PANGAEA4 V2X communication module, along with security verification and software solutions. The company serves a global clientele, including OEMs and Tier 1 and Tier 2 suppliers, with offices in North America, Europe, and Asia. Autotalks stands out as the only provider of a comprehensive global V2X solution that meets stringent automotive safety and reliability standards, ensuring interoperability with various devices and protocols in diverse conditions.

StradVision

Seed Round in 2017
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.
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