Overview
- Hyundai Motor Group has established its third startup investment fund under the ZER01NE accelerator program, valued at 125 billion won ($91.4 million).
- The fund received contributions from multiple Hyundai affiliates, including Hyundai Motor Co., Kia Corp., and Hyundai Motor Securities Co.
- It aims to invest in startups specializing in artificial intelligence, robotics, hydrogen technologies, and cybersecurity across South Korea, Japan, and Southeast Asia.
- The initiative seeks to deepen collaboration between selected startups and Hyundai's affiliates to drive innovation and future-ready business strategies.
- Since 2018, the ZER01NE platform has supported 105 startups, resulting in over 200 collaboration cases within the Hyundai Motor Group ecosystem.