Hyundai Motor

Hyundai Motor Company is a South Korean multinational automotive manufacturer, established in 1967 and headquartered in Seoul. It operates through several segments, primarily focused on the manufacturing and distribution of motor vehicles and parts. Hyundai offers a diverse lineup of vehicles, including cars, SUVs, commercial vehicles, and eco-friendly models. Its car models include popular names like Sonata, Elantra, and Kona, while its eco-vehicles feature the IONIQ series and NEXO. The company also provides vehicle financing and various services, including credit card processing and insurance. In addition to automotive production, Hyundai is involved in research and development, train manufacturing, and real estate activities. The company maintains a strategic partnership with Rimac Automobili for electric vehicle development and collaborates with Incheon International Airport Corporation. Hyundai Motor India Limited, a subsidiary, plays a significant role in the company's global operations, being the largest passenger car exporter in India. Through its extensive network of dealers and service points, Hyundai continues to enhance its market presence worldwide.

Tarun Garg

COO

John Suh

Founding Director, New Horizons Studio

Sukhwan Yun

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

Past deals in Ride Sharing

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.

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.

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.

Kickgoing

Series A in 2020
Kickgoing is a developer of a kickboard-sharing platform designed for short-distance travel. The platform enables users to easily locate available kickboards in their vicinity through a mobile app. It allows customers to book rides on demand and unlock or lock the kickboards by scanning a QR code. Additionally, Kickgoing ensures the systematic management of its fleet by performing daily checks on the condition of the kickboards, thereby providing users with reliable and convenient access to this mode of transport.

Kickgoing

Seed Round in 2019
Kickgoing is a developer of a kickboard-sharing platform designed for short-distance travel. The platform enables users to easily locate available kickboards in their vicinity through a mobile app. It allows customers to book rides on demand and unlock or lock the kickboards by scanning a QR code. Additionally, Kickgoing ensures the systematic management of its fleet by performing daily checks on the condition of the kickboards, thereby providing users with reliable and convenient access to this mode of transport.

Aurora

Series B in 2019
Aurora is a self-driving vehicle company providing a platform that brings software and data services to operate passenger vehicles. To move both people and goods, the company develops Aurora Driver, a platform that brings together software, hardware, and data services to operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. Aurora is backed by Amazon and Sequoia, among others, and partners with industry leaders including Toyota, Uber, Volvo, and Paccar. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI.

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.

JIMU Intelligent

Series B in 2019
JIMU Intelligent is a technology company based in Wuhan, China, founded in 2011, specializing in the development of advanced driver assistance systems (ADAS) powered by artificial intelligence. The company manufactures various products designed to enhance vehicle safety and autonomy, including driver assistance devices, automotive cameras, and monitoring systems. JIMU's offerings feature capabilities such as lane, vehicle, and pedestrian detection, aimed at helping to reduce collisions and improve navigation. Its solutions cater to several sectors, including the automotive industry, fleet management, and insurance, and are designed to support the global shift towards intelligent driving technologies. Through its innovations, JIMU Intelligent contributes to the broader goal of achieving safer road environments, often referred to as Vision Zero.

Grab

Series H in 2018
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.

Grab

Series G in 2018
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.

LUXI

Series B in 2017
LUXI Co., Ltd., founded in 2014 and based in Seongnam-si, South Korea, operates a ride-sharing platform designed to connect drivers and passengers with similar commuting routes. The company's application, LUXI, aims to promote a carpool culture that addresses traffic congestion and environmental issues. By facilitating connections between users, LUXI enhances the commuting experience for both drivers and passengers, offering practical benefits and encouraging a safer, more enjoyable transportation alternative.
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