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3mo ago

Hyundai Motor Group Launches $91.4M Startup Fund Targeting AI, Robotics, and Hydrogen

The group's third ZER01NE fund will support startups in South Korea, Japan, and Southeast Asia, fostering collaboration with Hyundai affiliates.

This photo, provided by Hyundai Motor Group, shows representatives of key affiliates gathered in Seoul to mark the launch of the group's third startup investment fund on May 21, 2025. (PHOTO NOT FOR SALE) (Yonhap)

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.