- Zer01ne Fund III, evaluated at KRW 125 billion, aims to accelerate innovation in future technologies thanks to start -up investments in the start -up phase
- The fund targets startups around the world that align in strategic fields such as AI, robotics, cybersecurity, hydrogen and energy technologies
- Based on the successes of previous funds, Zer01ne Fund III is supported by Seven Hyundai Motor Group Affiliates to extend start -up collaborations
Hyundai Motor Group (The Group) announced today the launch of Zer01ne Fund III, a strategic investment fund of 125 billion KRW aimed at accelerating innovation in future technologies thanks to start -up investments in the start -up phase.
The new fund marks an increase of 1.5 times in size compared to the previous Zer01ne Fund II and is supported by 10 affiliates of the group, in particular Hyundai Motor Company, Kia Corporation, Hyundai Motor Securities, Hyundai Glovis, Hyundai Wia, Hyundai Rotem, Hyundai Mobis, Hyundai Autoever, Hyundai Capital and Hyundai BNNT Steel.
Zer01ne Fund III will focus on discovery and investment in startups around the world which are closely aligned with the group’s evolutionary commercial strategies, in particular in the fields of artificial intelligence (AI), robotics, cybersecurity, hydrogen and energy technologies.
“This fund is strengthening the group’s position as a leading strategic investor in transformative technologies,” said Kyuseung Keith Noh, vice-president and head of the Zer01ne group at Hyundai Motor Group. “By deepening collaboration with innovative startups, we aim to generate significant synergies in our subsidiaries and accelerate our business initiatives.”
The new fund is based on the success of its predecessors. Zer01ne Fund I (about 10 billion KRW) and Zer01NE Fund II (KRW 80.5 billion) collectively invested in more than 105 startups, which led to more than 200 cases of collaboration within the group.
Notable portfolio companies Zer01ne Fund I include:
- Boastful Provides cloud -based robot management platforms for industries such as logistics, health care and safety. He quickly went from the investment of seeds to the IPO in 2024, driven by his owner autonomous navigation solutions. .
- Makinarchs is an AI startup specializing in industrial artificial intelligence solutions, focusing in particular on the manufacture and optimization of processes. The company is developing automatic learning platforms that help industrial customers predict equipment failure, optimize production processes and improve operational efficiency through data analysis.
- Have poencies REMANUFACTURES AND UPCOYCLES OF EV BATTERY END, transforming cells thrown into high performance and profitable battery units for reuse. It is associated with OEMs worldwide to reduce battery waste and promote sustainable energy storage solutions.
- Macaron factory is a automotive technological startup that has developed “Mycle”, a mobile application platform connecting car owners to repair workshops and mechanics. The company digitizes car maintenance experience by offering demand for demand, transparent prices and rationalized communication between vehicle owners and service providers.
The investment period for Zer01ne Fund II ended in January 2025. His key companies include:
- 60hertz Develops software fueled by AI to manage and optimize distributed renewable energy assets such as solar, wind and EV systems. It helps global customers achieve the RE 100 objectives through forecasting tools, energy trading platforms and smart network technologies.
- LD carbon Recycle end -of -life tires in carbon black pyrolysis oil and recovered tires using advanced pyrolysis technology. It provides apart materials to world manufacturers while considerably reducing carbon emissions and promoting circular economy practices.
- Teracle Recycle waste plastics based on green chemical technology. The main vision is to allow infinite recycling of plastics without environmental pollution, using low -temperature depolymerization technology for pets, by returning plastic to its raw materials.
- Vacation robotics Develops humanoid robots focused on manipulation with dextere hands, taking advantage of LLM, computer vision and strengthening learning based on simulation for manufacturing assembly tasks with plans to develop in service and in home applications.
With the launch of Zer01ne Fund III, the group continues its commitment to shape the future of mobility and sustainability by supporting pioneer startups with high potential to contribute to its long -term growth.