Hyundai CRADLE

Hyundai CRADLE Overview

Hyundai CRADLE is Hyundai Motors venture capital arm and open innovation arm, which partners and invests extensively in prominent global startups to accelerate the development of advanced future automotive technologies. Hyundai CRADLE identifies Disruptive Innovations (including amongst others, mobility services, AI, robotics, smart energy solutions, smart city and cybersecurity) to introduce and partner within Hyundai Motor Group.

Latest News

May 2, 2024 · www.geektime.co.il

יונדאי מוטור גרופ מחפשת טכנולוגיות ישראליות בתחום החומרים המתקדמים

Sep 23, 2019 · www.automotiveworld.com

growth-positive

Hyundai CRADLE Beijing opens, completing Hyundai Motor Group's global innovation network Automotive World

Hyundai Motor Group has completed its global innovation network with the establishment of Hyundai CRADLE Beijing. The China office is the fifth center in the network and will focus on exploring innovation opportunities and business models in China. Hyundai CRADLE invests in startups and creates partnerships to boost the development of new services and research opportunities. CRADLE Beijing will collaborate with leading ICT companies, startups, government institutions, universities, and investment institutions in China. The goal is to foster disruptive innovation and share innovative solutions globally. Chinas automotive market and startup culture make it an ideal location for Hyundais innovation efforts. Hyundai Motor Group has a track record of technology partnerships in China, including a hydrogen energy fund and investment in a Chinese AI startup.

PartnersInvestment

Oct 31, 2018 · www.calcalistech.com

growth-positive

Hyundai Inaugurates Israeli Innovation Hub

Hyundai Motor Companys director, John Suh, announced the inauguration of the automakers innovation hub in Tel Aviv, Israel. The company is working to integrate Israeli technologies into autonomous vehicles set to be launched in 2021. Hyundai has already invested in four local companies and two Israeli venture capital funds to gain insight into local knowledge and technologies. The innovation hub initially focuses on investment and strategic collaboration with local startups. Hyundai also announced collaborations with Israels Technion university and Koreas Advanced Institute of Science and Technology (KAIST) for research in autonomous vehicles, cybersecurity, and artificial intelligence. In July, Hyundai invested in autonomous driving communication chipsets developer Autotalks Ltd. Hyundai is cautious about self-driving cars and will not launch an autonomous car until it reaches the highest level of safety.

InvestmentPartners

Nov 15, 2017 · www.prnewswire.com

growth-positive

Hyundai CRADLE Expands Strategic Roles In Silicon Valley For Hyundai Motor Group

Hyundai Motor Group has announced the launch of Hyundai CRADLE, the Center for Robotic-augmented Design in Living Experiences. The company aims to strengthen its core automotive business and expand into new markets by enhancing transportation technology and innovations. Hyundai CRADLE will focus on strategic venture capital, open collaboration with startups, and early-stage concept development in the areas of robotic and intelligent systems, eco-friendly technologies, mobility services, materials and manufacturing technology, and new vehicle concepts. The company plans to tap into new markets and technologies both externally and internally to drive growth and innovation. Hyundai Motor Group has also announced plans to establish an Open Innovation Center in Israel to research future technologies.

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Team Members

3

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Locations

Yigal Alon Street 94, Tel Aviv-Yafo, Israel

1335 Terra Bella Avenue, Mountain View, CA, USA

18a Zhichun Road, Haidian District, Beijing, China

12 Heolleung-ro, Yangjae 2(i)-dong, Seocho-gu, Seoul, South Korea

Friedrichstrae 68, 10117 Berlin, Germany

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