Hyundai Motor Group
Seoul, South KoreaFounded 1997
Mobility & TransportationHardware & SemiconductorsAIRobotics & AutomationEnterprise SoftwareTelecomClimate & Energy
Hyundai Motor Group's venture capital arm, ZER01NE, focuses on early-stage startups in strategic areas such as artificial intelligence, robotics, cybersecurity, and energy technologies, including hydrogen. Their strategy is to invest in transformative technologies to generate synergies across Hyundai affiliates and accelerate future business initiatives.
36% of their portfolio is in Mobility & Transportation. Average disclosed round size is $667.3M (across 11 rounds with reported amounts).
Portfolio
11
Fund Size
$157.7M
Top Stage
Growth
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 CuspAI | Series A | $85M | Sep 2025 |
 Tenstorrent | Series D | $693M | Dec 2024 |
| Tenstorrent | Series D | $100M | Aug 2023 |
| MMorai | Series B | $20.8M | Feb 2022 |
| IIonity | Growth | $783M | Nov 2021 |
| SSonatus | Series A | $35M | Jul 2021 |
| OOttopia | Series A | $9M | Apr 2021 |
| OOla | Growth | $300M | Mar 2019 |
 Capture6 | Series B | $27.5M | — |
| GGrab | Growth | $4.5B | — |
 42dot | Growth | $787M | — |
Top Co-Investors
Korea Investment Partners1 shared
KB Partners1 shared
Korea Development Bank1 shared
Kakao Investment1 shared
Maven1 shared
First In1 shared
Elemental Impact1 shared
Translink Capital1 shared
Marvell Technology1 shared
UMC Capital1 shared
BlackRock1 shared
Volkswagen1 shared
BMW1 shared
Eclipse Ventures1 shared
Fidelity Investments1 shared
Samsung Catalyst Fund1 shared
EPIQ Capital Group1 shared
Maverick Ventures1 shared
Baillie Gifford1 shared
Samsung Securities1 shared
Last updated: 8 March 2026