CRADLE

Cradle, Inc. is the venture capital division of Hyundai Motor Company, focused on seed and growth investments in innovative sectors such as artificial intelligence, robotics, smart energy solutions, smart cities, mobility services, and cybersecurity. Headquartered in San Francisco, California, with an additional office in Tel Aviv, Israel, Cradle aims to enhance individual mobility and quality of life by collaborating with pioneers in robotic technologies. The company is dedicated to developing accessible mobility solutions that benefit a broad audience, reflecting its commitment to improving everyday experiences through advanced technology.

Ann Cheng

Investment Director

4 past transactions

Xnergy Autonomous Power Technologies

Venture Round in 2024
Xnergy Autonomous Power Technologies is a universal fast charging platform.

Solid Power

Series A in 2020
Solid Power Inc. specializes in the development of solid-state rechargeable batteries that are free from volatile or flammable liquid components. Founded in 2011 and based in Louisville, Colorado, the company focuses on creating batteries for various applications, including electric vehicles, portable electronics, aircraft, and satellites. Its solid-state batteries are designed to be energy-dense, safe, and reliable, offering significant improvements in performance, safety, and cost-effectiveness. Solid Power aims to license its battery cell designs and manufacturing expertise to leading battery manufacturers and automotive original equipment manufacturers, while also selling its proprietary sulfide-based solid electrolyte for use in all-solid-state battery cells.

Solid Power

Series A in 2018
Solid Power Inc. specializes in the development of solid-state rechargeable batteries that are free from volatile or flammable liquid components. Founded in 2011 and based in Louisville, Colorado, the company focuses on creating batteries for various applications, including electric vehicles, portable electronics, aircraft, and satellites. Its solid-state batteries are designed to be energy-dense, safe, and reliable, offering significant improvements in performance, safety, and cost-effectiveness. Solid Power aims to license its battery cell designs and manufacturing expertise to leading battery manufacturers and automotive original equipment manufacturers, while also selling its proprietary sulfide-based solid electrolyte for use in all-solid-state battery cells.

Migo

Series A in 2018
Migo, Inc. is a mobile search platform founded in 2016 that specializes in personal transportation solutions. The company offers a free mobile application designed to provide users with a comprehensive view of on-demand transportation options. By aggregating various transportation services on a single interface, Migo enables consumers to efficiently compare real-time data on price estimates and wait times. This functionality allows users to quickly determine the most convenient method of travel from one location to another, streamlining the process of selecting transportation without the need to navigate multiple applications.
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