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

3 past transactions

Solid Power

Series A in 2020
Solid Power is a developer of solid-state rechargeable batteries for electric vehicles and mobile power markets. Possessing no volatile or flammable liquid components, its solid-state batteries are extremely energy-dense while also possessing ultimate safety and reliability. Together, these performance attributes can enable profound performance improvements of battery-powered devices such as portable electronics, electric vehicles, aircraft, and satellites through increased run time, increased safety, and lower cost.

Solid Power

Series A in 2018
Solid Power is a developer of solid-state rechargeable batteries for electric vehicles and mobile power markets. Possessing no volatile or flammable liquid components, its solid-state batteries are extremely energy-dense while also possessing ultimate safety and reliability. Together, these performance attributes can enable profound performance improvements of battery-powered devices such as portable electronics, electric vehicles, aircraft, and satellites through increased run time, increased safety, and lower cost.

Migo, Inc.

Series A in 2018
Founded in 2016, Migo is a free mobile search app for personal transportation, helping consumers choose the best way from Point A to Point B.
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