Hyundai Motor Company

Hyundai Motor Company is a South Korean multinational automotive manufacturer, established in 1967. It produces and distributes a wide range of vehicles globally, including cars, SUVs, commercial vehicles, and eco-friendly models. The company operates through Vehicle, Finance, and Other segments, offering vehicle financing services and engaging in research & development activities. Hyundai Motor Company is the world's fifth-largest automaker.

Tarun Garg

COO

John Suh

Founding Director, New Horizons Studio

Sukhwan Yun

Senior Investment Manager (CVC) / Head of Operation at CRADLE Berlin

92 past transactions

Pajarito Powder

Corporate Round in 2025
Pajarito Powder, established in 2012 and headquartered in Albuquerque, New Mexico, specializes in the manufacture of advanced catalysts and engineered catalyst supports for fuel cell electric vehicles and electrolyzer applications. The company's core product, developed using its proprietary VariPore manufacturing platform, caters to diverse industries such as stationary power (cell phone towers), materials handling (forklifts), and portable power (APUs, battery recharging stations). Pajarito Powder's mission is to provide high-performance, affordable catalyst technology, supported by a robust intellectual property portfolio, to accelerate the hydrogen economy.

WeaveGrid

Venture Round in 2025
WeaveGrid is a technology company focused on facilitating the integration of electric vehicles (EV) with the power grid. By employing machine learning, optimization, and predictive analytics, WeaveGrid's software addresses the challenges associated with EV-grid integration for utility companies. This innovative solution not only enhances the incorporation of renewable energy resources but also aims to reduce costs for utility customers. The company's efforts support the broader goals of decarbonization in the transportation and power sectors, enabling utilities to safely and economically adapt to the growing demand for electric vehicles.

42dot

Corporate Round in 2024
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Obsidian Sensors

Convertible Note in 2024
Founded in La Jolla, California in 2017, Obsidian Sensors specializes in developing high-resolution thermal imaging sensors and cameras. Utilizing a proprietary glass microelectromechanical system (MEMS) manufacturing process, the company produces uncooled microbolometers at lower costs and on a larger scale than conventional silicon-based devices. Their products cater to automotive (ADAS and autonomy), security/surveillance, drones, and industrial applications.

Surff

Seed Round in 2024
Surf is a logistics company that offers a solution that allows for both the comparison of shipping/forwarder freight rates by route, which was previously difficult to provide on other platforms, and actual shipment reservations.

AmpUp

Venture Round in 2024
AmpUp is a Silicon Valley-based company that specializes in electric vehicle charging solutions. It develops a reservable networking software that facilitates electric vehicle charging for drivers, hosts, and fleets. The company's platform establishes a peer-to-peer electric vehicle charging network, allowing businesses and property owners to manage multiple charging stations efficiently. By listing their chargers on AmpUp's network, users can earn revenue while contributing to electrification efforts. The software is designed to make the charging experience seamless and stress-free, catering to a diverse range of communities and enabling easy access to charging technology services.

Terracle

Series A in 2024
Terracle is a company focused on the production of raw materials derived from plastic waste and recycling processes. It specializes in the manufacture of chemicals and construction materials, including eco-friendly sidewalk blocks made from recycled plastics. Utilizing advanced depolymerization technology, Terracle transforms plastic trash into synthetic fibers and other materials, providing sustainable alternatives for various manufacturing and construction applications. Through its innovative approach, the company aims to contribute to environmental sustainability by enabling businesses to source eco-friendly materials.

Koop

Corporate Round in 2023
Koop operates an insurance technology platform that unifies regulatory compliance, security reviews, and liability insurance procurement for enterprises and government clients. The platform automates enterprise risk management by consolidating insurance, compliance, and security processes, enabling organizations to complete security questionnaires, pursue certifications such as SOC 2, ISO 27001, and HIPAA, and acquire required liability coverages without leaving the platform. It tracks contractual provisions, securely shares data, and reports on risk events, helping teams manage risk controls and integrate insurance purchases with procurement workflows. Koop serves multiple verticals, including robotics and autonomous vehicles, AI, aerospace, energy and climate, manufacturing, and biotech, and aims to simplify complex vendor requirements to accelerate enterprise deals.

BOS Semiconductors

Venture Round in 2023
BOS Semiconductors designs and manufactures semiconductor technology for the automotive industry, focusing on automotive-grade chips for autonomous driving and high-performance in-car computing. The company specializes in producing self-driving security operation centers and Mega-MCU high-performance computing systems, employing gateway system-on-chip technologies to enable advanced vehicle features. Through these offerings, BOS Semiconductors supports automakers in developing autonomous driving capabilities and powerful in-vehicle compute, contributing to safer and more capable automotive electronics.

42dot

Corporate Round in 2023
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Gbike

Series C in 2022
Gbike is a mobility sharing startup in Korea, innovating green urban mobility in Korea where currently car-centric environment. Our service includes bike and scooter sharing with IT services specialized for Korean market & Asia, Pacifics.

42dot

Acquisition in 2022
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Floatic

Seed Round in 2022
Floatic develops robotic solutions for automating warehousing processes. Their system uses autonomous robot movement technology and multi-robot control software to enhance efficiency in logistics, particularly for e-commerce warehouses.

Livfarm

Seed Round in 2022
Livfarm is an innovative online platform focused on delivering fresh vegetables and salad samplers directly to consumers. The company cultivates its produce in urban environments, leveraging indoor cultivation technologies and automated hydroponic solutions to ensure that vegetables are harvested and delivered promptly for optimal freshness. Utilizing cloud-based AI and IoT technology, Livfarm enhances the efficiency of urban farming, allowing for the production of high-quality vegetables in city centers. Customers benefit from a customizable menu, enabling them to select their preferred vegetables, while the company's data analysis capabilities support the distribution of produce to both online and offline markets. Livfarm is redefining the agricultural supply chain by bringing fresh produce closer to consumers.

FeelBetter

Seed Round in 2022
FeelBetter is an information technology company that provides 3D product advertisements and augmented reality services.

H2 MOBILITY

Venture Round in 2022
H2 MOBILITY is a hydrogen filling station operator that offers consulting, planning, and construction services for hydrogen stations.

Clodot

Series B in 2022
Clodot is an information technology company.

MORAI

Series B in 2022
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

SES

Post in 2022
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

H2Pro

Series B in 2022
Founded in 2019, H2Pro develops innovative water-splitting technology for producing hydrogen fuel. Its proprietary E-TAC method decouples hydrogen and oxygen evolution reactions, enabling efficient and sustainable green hydrogen production.

S.LAB Asia

Series B in 2021
S.LAB is a platform for supply chain logistics for an efficient and cost-saving end to end transportation service. Through its cold chain technology, the company significantly reduces the cost during the first mile and middle mile delivery. Real-time tracking service will collect all the data to actively respond to the incident and keep the customer satisfied. With the data, S.LAB optimizes the temperature, packaging, and routing to increase the efficiency in cold chain delivery per country.

Green Whale Global

Seed Round in 2021
Green Whale Global, headquartered in Korea with operations in Vietnam, is a manufacturer specializing in bioplastic polymers. The company produces eco-friendly alternatives to petroleum-based plastics, focusing on biodegradable materials derived from renewable resources like cassava and corn starch. Their product range includes single-use items such as bags and cutlery, as well as durable multi-use products like cosmetic containers and clothes hangers. By offering these environmentally friendly options, Green Whale Global aims to reduce plastic pollution and promote sustainable practices among its clients.

Chabot Mobility

Series B in 2021
Chabot Mobility is a platform that streamlines automotive services. It offers integrated solutions for finance, insurance, and vehicle management, including car insurance comparison estimates, financial product recommendations, customer management, and used car sales.

HiiROC

Venture Round in 2021
HiiROC is an industrial company specializing in low-cost, zero-emission hydrogen production. Utilizing proprietary plasma technology, HiiROC converts biomethane, flare gas, or natural gas into clean hydrogen with no CO2 emissions. Its innovative methane cracking process produces solid carbon instead of greenhouse gases, making it a sustainable alternative to conventional methods like steam methane reforming and water electrolysis. The company's modular, scalable units enable on-site hydrogen production for fuel cells, reducing capital expenditure and operational costs compared to other hydrogen production technologies. Additionally, HiiROC offers zero-emission carbon black as an eco-friendly replacement for oil furnace-produced carbon black.

Factorial Energy

Series B in 2021
Factorial Energy ("Factorial") has pioneered a new solid-state electrolyte material battery technology, FEST™ (Factorial Electrolyte System Technology™). Factorial will bring a more powerful battery product with longer range and higher degree of safety to the global electric vehicle (EV) market.

eMotiv

Seed Round in 2021
eMotiv is a digital convergence technology firm that develops digital therapeutics for health diagnosis and treatment.

Tekion

Series D in 2021
Tekion Corp. is a technology company based in San Ramon, California, founded in 2016, that specializes in developing cloud-based business applications for the automotive retail industry. Its flagship product, the Automotive Retail Cloud (ARC), serves automotive dealers by connecting their entire business operations and facilitating the vehicle sales cycle online. Tekion's innovative platform integrates various aspects of the automotive retail ecosystem, including digital sales management, compliance, customer engagement, and data insights, to enhance efficiency and improve customer experiences. By leveraging advanced technologies such as big data, machine learning, and artificial intelligence, Tekion aims to transform an industry that has remained largely unchanged for decades, offering a seamless and highly configurable solution for automotive retailers, manufacturers, and technology partners.

IonQ

Post in 2021
IonQ is a quantum computing company that develops general-purpose quantum information processors based on trapped-ion technology. Its approach enables qubit replication, optical networkability, and optimized algorithms to support scalable quantum computation beyond classical capabilities. Founded in 2015 and based in College Park, Maryland, IonQ offers access to its quantum computers through cloud platforms, providing quantum-computing-as-a-service to a broad user base and select customers through its own cloud service. Revenue streams include QCaaS arrangements and related consulting and co-development contracts for algorithm design and system integration.

EVAR

Series A in 2021
EVAR develops autonomous robotic charging systems for electric vehicles. Their technology enables convenient, hazard-aware charging through license plate or QR code recognition.

SES

Corporate Round in 2021
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

Carrot General Insurance

Venture Round in 2021
Carrot General Insurance is a digital provider specializing in customizable non-life insurance. It offers a broad range of products such as general, auto, travel, family, and liability coverage.

Ottopia

Series A in 2021
Ottopia Ltd., headquartered in Tel-Aviv, Israel, specializes in developing an artificial intelligence platform tailored for the automobile industry. The company's flagship product is a teleoperations software platform, recognized twice by Frost & Sullivan as the best in its market. This platform combines AI with human drivers' expertise to facilitate driverless experiences across various vehicle types, including cars, buses, trucks, construction machines, and delivery vehicles. Ottopia partners with prominent industry players such as Hyundai, Magna International, Deutsche Telekom, Motional, EasyMile, MooVita, Serve Robotics, and NVIDIA. By employing Ottopia's technology, original equipment manufacturers (OEMs) can generate new recurring revenue streams while reducing research and development costs.

Gbike

Series B in 2021
Gbike is a mobility sharing startup in Korea, innovating green urban mobility in Korea where currently car-centric environment. Our service includes bike and scooter sharing with IT services specialized for Korean market & Asia, Pacifics.

UVeye

Corporate Round in 2021
UVeye designs and manufactures advanced camera inspection systems for vehicles. Its products automatically detect anomalies, modifications, or foreign objects in a vehicle's undercarriage using computer algorithms and high-resolution cameras. UVeye caters to various industries including government compounds, dealerships, auctions, and fleets worldwide.

Boston Dynamics

Acquisition in 2020
Boston Dynamics, Inc. is an engineering company based in Waltham, Massachusetts, specializing in the design and manufacture of advanced robots and software for human simulation. Founded in 1992 as a spin-off from the Massachusetts Institute of Technology, the company has gained recognition for its innovative robots that mimic animal movement, such as Spot, a quadruped robot, and Atlas, a humanoid robot. These robots are equipped with cutting-edge mobility, dexterity, and intelligence, allowing them to perform tasks in challenging environments, including industrial plants, construction sites, and warehouses. Boston Dynamics also develops software for human simulation, which is utilized in various training applications, including law enforcement and military operations. The company collaborates with organizations globally, providing solutions to some of the most complex challenges in automation and robotics.

H2Pro

Series B in 2020
Founded in 2019, H2Pro develops innovative water-splitting technology for producing hydrogen fuel. Its proprietary E-TAC method decouples hydrogen and oxygen evolution reactions, enabling efficient and sustainable green hydrogen production.

Kickgoing

Series A in 2020
Kickgoing is a developer of a kickboard-sharing platform designed for short-distance travel. The company provides a systematic management system that ensures the daily inspection of kickboards, enhancing their reliability and safety. Users can easily locate available kickboards through the company's mobile app, which also facilitates the locking and unlocking process via QR code scanning. This service aims to offer customers convenient and accessible transportation options for urban mobility, promoting an efficient way to navigate short distances.

Last 30 minutes

Seed Round in 2020
Last 30 minutes provides valet parking, parking lot management, manpower management and settlement system.

MakinaRocks

Series A in 2020
MakinaRocks is a global AI software startup founded in 2017 and headquartered in Seoul, South Korea. The company specializes in developing enterprise solutions that leverage machine intelligence to address industry-specific challenges. Its platform focuses on analytics and performance management, offering tools for predictive maintenance, operational optimization, and anomaly detection. By combining advanced artificial intelligence model development with practical applications, MakinaRocks enables businesses to enhance productivity and operational efficiency through cost-effective automation and intelligent control.

Coconut Silo

Pre Seed Round in 2020
Coconut Silo is Hyundai Motor Group's in-house mobility startup developing logistics tech to improve cargo transport, including CocoTruck, a solution designed to deliver orders in five minutes. The platform relies on algorithms for cargo tracing and route visualization to track cargo owners, logistics companies, and drivers in real time. It enables customers to monitor shipments and helps logistics companies and drivers manage resources and operations, particularly in developing markets.

D-ID

Series A in 2020
Founded in 2016, D-ID specializes in AI-driven video content creation. Its platform uses artificial intelligence to generate dynamic videos from images, text, and audio, enabling businesses to produce scalable, personalized narratives cost-effectively without traditional video production teams.

AmpUp

Seed Round in 2020
AmpUp is a Silicon Valley-based company that specializes in electric vehicle charging solutions. It develops a reservable networking software that facilitates electric vehicle charging for drivers, hosts, and fleets. The company's platform establishes a peer-to-peer electric vehicle charging network, allowing businesses and property owners to manage multiple charging stations efficiently. By listing their chargers on AmpUp's network, users can earn revenue while contributing to electrification efforts. The software is designed to make the charging experience seamless and stress-free, catering to a diverse range of communities and enabling easy access to charging technology services.

Gauzy

Series C in 2020
Gauzy develops, manufactures, and supplies innovative glass solutions, specializing in intelligent and switchable glass for modern architecture, vehicles, and design applications. Its products include liquid crystal film technologies, SPD-smart light control films, and PDLC materials, used in various markets worldwide such as construction, automotive, aviation, and consumer electronics. Headquartered in Tel Aviv, Israel, Gauzy has subsidiaries in the US and Germany, with a global presence through dedicated production facilities, R&D centers, sales offices, and distribution networks.

Kardome

Seed Round in 2020
Kardome develops real-time software that uses proprietary beamforming technology to isolate a user's voice and suppress background noise, enabling high-quality speech in environments with multiple speakers. The software can be integrated with existing microphone systems in consumer electronics and automotive infotainment, supporting voice-controlled devices, hands-free speakerphones, tablets, smartphones, and conference-call equipment. Founded in 2018 and headquartered in Mazor, Israel, Kardome aims to provide seamless voice control in acoustically challenging environments without requiring loud speech or close microphone proximity.

Arrival Communications

Corporate Round in 2020
Arrival Communications, established in 1991 and headquartered in Bakersfield, California, specializes in providing voice and data communication services to businesses in Central California. The company offers a range of services, including local and long-distance voice services, dedicated networks, integrated solutions, and data services such as high-speed internet access and mobile wireless services. Notably, Arrival Communications is building a facilities-based network to serve businesses in smaller cities throughout the Western United States, expanding its reach and capabilities.

Kardome

Seed Round in 2020
Kardome develops real-time software that uses proprietary beamforming technology to isolate a user's voice and suppress background noise, enabling high-quality speech in environments with multiple speakers. The software can be integrated with existing microphone systems in consumer electronics and automotive infotainment, supporting voice-controlled devices, hands-free speakerphones, tablets, smartphones, and conference-call equipment. Founded in 2018 and headquartered in Mazor, Israel, Kardome aims to provide seamless voice control in acoustically challenging environments without requiring loud speech or close microphone proximity.

Mycle

Venture Round in 2019
Mycle is a company that specializes in developing a vehicle management application aimed at helping users track essential information about their cars. The app allows users to monitor maintenance records, fuel consumption, repair histories, and reservation details, while also providing notifications for necessary replacements. By offering a comprehensive platform for vehicle management, Mycle enables users to efficiently manage and maintain their vehicles, ensuring that they stay informed about their car's condition and needs.

CVT

Seed Round in 2019
CVT is an information technology company that specializes in providing digital security that features face security recognition. The company is driven by its mission is to make human life easier and more secure, through the worlds leading face recognition company. CVT was founded in 2015 and headquartered in Seoul, South Korea.

H2Pro

Seed Round in 2019
Founded in 2019, H2Pro develops innovative water-splitting technology for producing hydrogen fuel. Its proprietary E-TAC method decouples hydrogen and oxygen evolution reactions, enabling efficient and sustainable green hydrogen production.

VisualCamp

Venture Round in 2019
VisualCamp develops eye-tracking technology for virtual reality head-mounted displays and smartphones. Its solutions cover VR and AR eye tracking, including gaze analysis, look-and-action, foveated rendering, and intention analysis, along with smartphone eye tracking and remote eye-tracking kits. The company provides SDKs for developers and serves content, retail, education and training, and advertising sectors. Founded in 2014 and headquartered in Seongnam, South Korea, VisualCamp leverages AI to improve eye-control capabilities and derive user insights, enabling developers, manufacturers and marketers to enhance user experience and interaction across mobile and VR/AR devices.

Upstream Security

Series B in 2019
Upstream Security is a cloud-based platform provider focused on automotive cybersecurity for connected and autonomous vehicles. The company offers a data management platform that collects and centralizes highly distributed vehicle data into structured data lakes, enabling cybersecurity detection and response (V-XDR) and data-driven applications. Its AutoThreat Intelligence delivers threat intelligence integrated into customers’ environments and vehicle security operations centers. Leveraging big data and machine learning, the platform combines layered security gateways and analytics to deliver real-time visibility and actionable insights on security, privacy, and fraud. The company serves automotive OEMs, suppliers, and other clients, protecting millions of vehicles worldwide.

Realtime Robotics

Series A in 2019
Realtime Robotics, Inc. is a Boston-based company founded in 2016 that specializes in developing motion planning and control technologies for robots and autonomous vehicles. The company offers a collision-free motion planning platform that allows robots to react instantaneously to their surroundings, enabling safe operation in unstructured environments. Their RapidPlan processor integrates advanced software and hardware, allowing for the generation of safe motion plans in milliseconds, effectively eliminating the trade-off between speed and safety in automation. By facilitating seamless interaction with both static and dynamic objects, Realtime Robotics enhances the capabilities of robots in various applications, including industrial automation and autonomous vehicles, thereby promoting broader adoption and integration of robotics technology in everyday operations.

Car Next Door

Equity Crowdfunding in 2019
Car Next Door is an online peer-to-peer car sharing platform based in Sydney, Australia, that provides a booking system and in-vehicle technologies to make car sharing safe, fast, and convenient for owners and borrowers, enabling users to rent privately owned vehicles on an hourly or daily basis to other registered users and offering a neighborhood fleet that reduces the need for personal vehicle ownership and provides a cost-effective transportation option.

Ola Electric

Corporate Round in 2019
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.

Kickgoing

Seed Round in 2019
Kickgoing is a developer of a kickboard-sharing platform designed for short-distance travel. The company provides a systematic management system that ensures the daily inspection of kickboards, enhancing their reliability and safety. Users can easily locate available kickboards through the company's mobile app, which also facilitates the locking and unlocking process via QR code scanning. This service aims to offer customers convenient and accessible transportation options for urban mobility, promoting an efficient way to navigate short distances.

AppyParking

Series A in 2019
AppyParking, operating under the name Yellow Line Parking Limited, is a London-based company founded in 2013 that focuses on enhancing the parking experience through its connected car platform. The platform integrates mapping, data, Internet-of-Things (IoT), and payment solutions to provide users with real-time parking availability. By addressing the fragmented nature of parking infrastructure, AppyParking aims to streamline the process of finding and paying for parking spaces. The company's holistic kerbside management platform facilitates data exchange between local authorities and mobility operators, promoting intelligent mobility solutions. Recognized for its contributions to the parking industry, AppyParking has received several awards, including the 2018 Best Parking App by Auto Express and the 2019 Smarter Travel Innovation Award.

Aryballe

Series A in 2019
Aryballe Technologies, established in 2014 and based in Grenoble, France, specializes in developing innovative sensors and software that mimic the human sense of smell. The company's core products include eNose, O-Cell, NeOse Pro, and Solgel, which use biochemistry, optics, and machine learning to identify, measure, and represent odors. Aryballe's solutions are designed to enhance decision-making in various industries such as food and beverage, cosmetics, and automotive, by aiding in research and development, quality control, manufacturing, and end-user experiences.

macaron TAXI (KST Intelligence)

Corporate Round in 2019
macaron TAXI (KST Intelligence) is a cab chauffeur app

Aurora

Series B in 2019
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

Percepto

Series A in 2019
Percepto is a developer of autonomous drone technology for inspection and surveillance. The company is at the forefront of redefining how industrial sites and critical infrastructure are holistically inspected and monitored, harnessing remote robotics to autonomously collect, aggregate, and analyze visual data. Leveraging its experience with Percepto Sparrow, the first deployed drone-in-a-box solution on the market, Percepto introduced Percepto AIM (Autonomous Inspection and Monitoring), the first end-to-end autonomous inspection and monitoring platform. Percepto AIM empowers the remote operation center of the future to assess risk, minimize downtime, drive efficiency, increase safety, and reduce operational costs.

Rimac Group

Corporate Round in 2019
Rimac Group, based in Sveta Nedelja, Croatia, specializes in the design, development, and manufacturing of electric vehicles and advanced automotive components. The company produces high-performance electric hypercars and a variety of electric vehicle components, including drivetrains, battery systems, and infotainment systems. Rimac Group also offers extensive engineering solutions, such as concept design, production strategy development, and quality control. In addition to manufacturing, the company provides prototyping services and the conversion of internal combustion engines to electric or hybrid powertrains. Founded in 2009, Rimac Group has established a strategic partnership with Hyundai Motor, further enhancing its capabilities in the automotive sector. The organization is driven by a passion for innovation and aims to redefine the electric vehicle landscape through cutting-edge technology and design.

MORAI

Seed Round in 2019
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

Audioburst

Corporate Round in 2019
Audioburst Ltd. is an audio content search and discovery platform that utilizes artificial intelligence to provide real-time access to a vast library of audio content, including radio, television, and podcasts. Founded in 2015 and headquartered in Palo Alto, California, with additional offices in Tel Aviv, Israel, and Tokyo, Japan, Audioburst tailors audio content to users based on their preferences and listening habits. The company offers a suite of tools through the Audioburst Creators platform, enabling podcasters and radio show producers to transcribe, edit, amplify, and monetize their audio content. Additionally, Audioburst Studio allows for the seamless integration of curated audio playlists into existing applications or websites, while Audioburst Auto caters specifically to drivers by providing customized playlists and hands-free voice search functionality. Through these services, Audioburst aims to enhance the listening experience across various devices.

42dot

Seed Round in 2019
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Ola

Corporate Round in 2019
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.

JIMU Intelligent

Series B in 2019
JIMU Intelligent is a technology company established in 2011, based in Wuhan, China, specializing in intelligent driving solutions. The company develops advanced driver assistance systems (ADAS) that utilize artificial intelligence to enhance vehicle safety and navigation. Its product offerings include driver assistance devices such as FPGA ADAS, automotive cameras, and integrated systems that provide features like lane, vehicle, and pedestrian detection. JIMU Intelligent's solutions are designed to reduce automobile collisions by warning drivers of potential dangers in advance, making them suitable for various applications in the automotive industry, fleet management, and insurance sectors. The company aims to support global original equipment manufacturers (OEMs) in achieving safer driving through its cutting-edge technology, contributing to the goal of Vision Zero, which seeks to eliminate traffic fatalities.

Immotor

Series B in 2018
Immotor is a Chinese company founded in 2016 by Daniel Huang, specializing in the development and sale of personal transport systems. Its primary products are the Immotor GO, a portable motorized scooter; the Immotor Super Battery, a power management source; and Immotor Cloud, a remote control and fleet management tool for Immotor GO. The company also offers intelligent battery swapping systems and electric bicycle battery-sharing services, aiming to promote cleaner energy through its zero-emission products.

Grab

Series H in 2018
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

AllegroAI

Corporate Round in 2018
AllegroAI is a stealth-mode startup, focusing on developing artificial intelligence technologies.

D-ID

Convertible Note in 2018
Founded in 2016, D-ID specializes in AI-driven video content creation. Its platform uses artificial intelligence to generate dynamic videos from images, text, and audio, enabling businesses to produce scalable, personalized narratives cost-effectively without traditional video production teams.

StradVision

Series A in 2018
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

Perceptive Automata

Series A in 2018
Perceptive Automata, Inc. is a technology company specializing in machine learning and computer vision solutions aimed at predicting human behavior in the context of automated driving. Founded in 2014 and located in Somerville, Massachusetts, the company addresses the complex challenges associated with the safe deployment of highly automated and fully autonomous vehicles, particularly in urban settings. Its advanced AI inference models allow vehicles to anticipate the actions of pedestrians, cyclists, and other drivers, enhancing safety and enabling smoother navigation in human-dominated environments. By integrating its software into autonomous driving systems, Perceptive Automata facilitates a more natural driving experience, which is crucial for the acceptance of autonomous vehicles and robotaxi services. The company's team comprises experts from prestigious institutions such as Harvard, MIT, and Stanford, reflecting a strong foundation in neuroscience and artificial intelligence.

WayRay

Series C in 2018
WayRay SA is a developer of advanced holographic navigation systems that leverage augmented reality (AR) technology to enhance connected vehicles. Founded in 2012 and headquartered in Lausanne, Switzerland, with additional offices in Moscow, San Francisco, and China, the company specializes in products such as Navion, an AR car navigation system that incorporates aeronautical principles for improved land navigation. WayRay also offers ELEMENT, a holographic car navigator that provides real-time navigational information through an AR interface. The company's innovative solutions aim to enhance driving safety and convenience by integrating aerospace technology into automotive applications, allowing drivers to access critical data directly through their windshields without diverting their attention from the road.

Mesh Korea

Series E in 2018
VROONG, a brand under Mesh Korea, is a prominent player in the last-mile logistics sector, known for its innovative approach to delivery services. It offers a range of solutions including premium delivery services through 'VROONG Prime', an integrated logistics management solution called 'VROONG TMS', fresh food delivery with 'VROONG Fresh', and a delivery magazine known as 'VROONG Collection'. VROONG boasts over 80 stations and a network of 13,000 riders across South Korea, enabling it to provide fast and reliable delivery services. The company leverages its platform to enhance the efficiency of the delivery process, connecting logistics companies, restaurants, and local stores through a streamlined application. This integration fosters a systematic logistics network, positioning VROONG as a key innovator in the industry.

Revv

Series B in 2018
Revv is an Indian car-rental startup offering self-drive options. It provides hatchbacks, SUVs, sedans, and luxury vehicles for rental periods ranging from hours to months at all-inclusive rates.

StradVision

Series A in 2018
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

Immotor

Series A in 2018
Immotor is a Chinese company founded in 2016 by Daniel Huang, specializing in the development and sale of personal transport systems. Its primary products are the Immotor GO, a portable motorized scooter; the Immotor Super Battery, a power management source; and Immotor Cloud, a remote control and fleet management tool for Immotor GO. The company also offers intelligent battery swapping systems and electric bicycle battery-sharing services, aiming to promote cleaner energy through its zero-emission products.

Car Next Door

Corporate Round in 2018
Car Next Door is an online peer-to-peer car sharing platform based in Sydney, Australia, that provides a booking system and in-vehicle technologies to make car sharing safe, fast, and convenient for owners and borrowers, enabling users to rent privately owned vehicles on an hourly or daily basis to other registered users and offering a neighborhood fleet that reduces the need for personal vehicle ownership and provides a cost-effective transportation option.

MakinaRocks

Seed Round in 2018
MakinaRocks is a global AI software startup founded in 2017 and headquartered in Seoul, South Korea. The company specializes in developing enterprise solutions that leverage machine intelligence to address industry-specific challenges. Its platform focuses on analytics and performance management, offering tools for predictive maintenance, operational optimization, and anomaly detection. By combining advanced artificial intelligence model development with practical applications, MakinaRocks enables businesses to enhance productivity and operational efficiency through cost-effective automation and intelligent control.

Metawave

Venture Round in 2018
Metawave Corporation is a technology company based in Palo Alto, California, specializing in the development of advanced beamsteering radars using metamaterials and artificial intelligence. Founded in 2017, the company primarily serves the automotive industry, offering innovative solutions for safe automated driving. Its flagship product, SPEKTRA, is designed to enhance safety for automakers by providing high-performance radar capabilities for 3D imaging and vehicle-to-vehicle communications. Additionally, Metawave develops TURBO active repeaters to extend signal coverage in difficult environments, as well as ECHO passive reflectors to optimize signal direction in areas with lower coverage. The company also offers AWARE, an AI platform that leverages deep learning to extract valuable information from radar signals. In parallel, Metawave is working on smart beamsteering antennas to improve 4G and 5G networks, aiming to enhance connectivity for billions of users.

SoundHound

Corporate Round in 2018
SoundHound Inc. develops voice-enabled artificial intelligence technology for conversational experiences across various industries. Its platform enables businesses to create customized voice interactions while providing valuable data insights.

Broccoli

Seed Round in 2018
Broccoli is a curation commerce company that discovers brands stories and materials.

Ionic Materials

Series C in 2018
Ionic Materials, Inc. is a Woburn, Massachusetts-based company that specializes in the development of solid polymer electrolyte materials for batteries. Founded in 1986, the company leverages a technology team with extensive expertise in polymer science and electrochemistry to create a groundbreaking polymer electrolyte that enhances battery safety, performance, and cost-effectiveness. This innovation challenges traditional battery design, which often requires trade-offs among safety, cost, and performance. Ionic Materials aims to address the needs of various industries by providing solutions that enable original equipment manufacturers and other manufacturers to innovate and meet market demands without the burden of developing new materials independently. By collaborating with core partners in the battery industry, Ionic is focused on bringing its advanced technology to market.

Grab

Series G in 2018
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

LUXI

Series B in 2017
LUXI Co., Ltd. is a South Korean company that specializes in developing a ride-sharing application designed to facilitate carpooling. Founded in 2014 and headquartered in Seongnam-si, LUXI connects drivers and passengers who have similar commuting routes. The platform aims to address traffic congestion and environmental issues by promoting a safe and enjoyable carpool culture. Through its application, LUXI seeks to enhance the commuting experience for both drivers and passengers, providing mutual benefits to its users.

Autotalks

Series D in 2017
Autotalks, Ltd. is a fabless semiconductor company specializing in vehicle-to-everything (V2X) communications for both manned and autonomous vehicles. Founded in 2008 and headquartered in Kfar Netter, Israel, the company develops a range of automotive-grade chipsets, including the CRATON integrated vehicular communication processor and the PLUTON V2X RF Transceiver. These products enable vehicles to communicate with each other and with infrastructure, enhancing safety and mobility. Autotalks also offers the PANGAEA4 V2X communication module, along with security verification and software solutions. The company serves a global clientele, including OEMs and Tier 1 and Tier 2 suppliers, with offices in North America, Europe, and Asia. Autotalks stands out as the only provider of a comprehensive global V2X solution that meets stringent automotive safety and reliability standards, ensuring interoperability with various devices and protocols in diverse conditions.

StradVision

Seed Round in 2017
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

MAXST

Seed Round in 2016
MAXST is an augmented reality technology company that enables developers and organizations to integrate AR with AI and computer vision. Its products include AR SDK, AR Collaboration, and AR Guide, designed for security, reliability and scalability across infrastructure, applications and devices. MAXST serves enterprise and developer markets and maintains partnerships with Hyundai Motor Group, Kia Motors, SK Telecom, LG Electronics, KT and NAVER. The company focuses on advancing AR and metaverse platforms through ongoing research and development to provide immediate, visual decision-support tools.

Kia India

Acquisition in 2012
Kia India Private Limited, a subsidiary of Kia Motors Corporation, oversees the company's operations in India and was established on May 19, 2017. Kia Motors Corporation, founded in 1944, is a prominent manufacturer of vehicles, offering a diverse range of products including passenger cars, recreational vehicles, and commercial vehicles, along with hybrid, plug-in hybrid, and electric vehicle options. The company focuses on delivering quality motor vehicles and aims to exceed customer expectations. Kia's global reach extends to markets in South Korea, North America, Europe, and beyond, with products distributed through a comprehensive network of dealers and distributors.

BeXcom Korea

Venture Round in 2000
BeXcom, a privately held corporation founded in 1996, operates a global network of eCommerce hubs in the world's major trading zones. This global transaction infrastructure enables companies and exchanges to conduct business electronically locally or with multiple trading partners around the world. BeXcom's Commerce Service Provider model provides and maintains all the required hardware and software to operate centralized B2B eCommerce solutions for our users. By building on the BeXcom infrastructure, supply chains, vertical markets and market makers can quickly implement or dramatically extend their eCommerce capabilities to cover the complete range of purchasing processes, from RFQ to settlement.

Magma Design Automation

Venture Round in 2000
Magma Design Automation, Inc. specializes in electronic design automation (EDA) software products and services aimed at optimizing the design and production of integrated circuits across various industries, including communications, computing, and consumer electronics. The company offers a comprehensive digital integrated solution that streamlines the chip development cycle, encompassing initial design through to physical implementation. Magma's primary offerings include the Talus family of products, the Tekton static timing analyzer, and the QCP extractor, as well as the Quartz suite for sign-off and verification. These tools work seamlessly together to create an integrated design and verification flow, effectively merging previously distinct processes of logic design, physical design, and analysis. Additionally, Magma's Titan platform supports custom integrated chip design, providing a cohesive solution for mixed-signal projects.
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