H
Mobility & TransportationMedia & EntertainmentMarketing & AdvertisingBiotech & Life SciencesAIFintech
Hyundai's venture capital arm, ZER01NE (also known as Hyundai CRADLE), primarily focuses on early-stage startups in strategic areas such as AI, robotics, cybersecurity, and energy technologies, including hydrogen energy. Their strategy involves open innovation and investing in technologies that complement Hyundai's core businesses to foster collaboration and accelerate future business initiatives across its affiliates.
50% of their portfolio is in Mobility & Transportation. Deal activity increased 50% year-over-year (3 deals in the last 12 months). Average disclosed round size is $489.2M (across 10 rounds with reported amounts).
Portfolio
10
Fund Size
—
Top Stage
Series A
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series C | $80M | Mar 2026 | |
| CCoxwave | Series A | $5M | Jan 2026 |
| Series A | $45M | Sep 2025 | |
| MMotional | Growth | $475M | May 2024 |
| MMotional | Growth | $1B | May 2024 |
| Series A | $13.5M | May 2020 | |
| GGrab | Series H | $2.7B | Nov 2018 |
| Series B | $14.3M | Aug 2018 | |
| UUrban-Air Port | Unknown | $25M | — |
| Series C | $534M | — |
Top Co-Investors
AXA Venture Partners1 shared
Y Combinator1 shared
Maverick Ventures1 shared
Mindset Venture1 shared
Edelweiss1 shared
Beenext1 shared
The Engine1 shared
DeepTech & Climate Fonds (DTCF)1 shared
Wind1 shared
Lowercarbon Capital1 shared
Entrepreneur First1 shared
M12 (Microsoft)1 shared
Lightspeed Venture Partners1 shared
Booking1 shared
Toyota1 shared
Ping An1 shared
Macquarie Capital1 shared
Goldman Sachs1 shared
Citi Ventures1 shared
Last updated: 16 April 2026