Hyundai’s ZER01NE Expands Startup Investment with Launch of Third Fund

Hyundai Motor Group is doubling down on innovation with the launch of ZER01NE Fund III, a KRW 125 billion (approximately $120 million) investment vehicle aimed at early-stage startups in fields like AI, robotics, cybersecurity, hydrogen, and energy.

Supported by 10 Hyundai affiliates—including KiaDealroom has a profile for this one. Try Dealroom → and Hyundai CapitalDealroom has a profile for this one. Try Dealroom →—the fund is 1.5 times larger than its predecessor, reflecting Hyundai’s growing commitment to future technologies.

ZER01NE serves as Hyundai’s open innovation platform, connecting startups to the company’s vast resources through its ACCELERATORDealroom has a profile for this one. Try Dealroom → program. This initiative matches startups with Hyundai’s business needs, offering both funding and collaborative opportunities.

Since 2018, ZER01NE has facilitated over 140 joint projects and invested in more than 200 startups, helping to drive new solutions in mobility and sustainability.

With ZER01NE Fund III, Hyundai aims to strengthen its leadership in next-generation mobility by fostering deeper partnerships with innovative startups and integrating their technologies across the Group’s global operations.

Source: Hyundai
D.D