THE INVESTOR

메뉴열기
August 05, 2020

Hyundai Mobis invests W25b in US tech funds for future mobility

PUBLISHED : July 02, 2020 - 16:45

UPDATED : July 02, 2020 - 16:45

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

South Korea’s Hyundai Mobis said on July 2 it has injected 25 billion won ($20 million) in Silicon Valley tech funds ACVC Partners and MOTUS Ventures, as part of its move to secure future mobility technology and next-generation business opportunities.

ACVC Partners and MOTUS Ventures have been actively discovering and supporting startups which focus on developing future mobility core technologies, including next-generation sensors, biometrics and robotics. 



Hyundai Motor Group’s auto parts making unit said through the investment in such venture capitalists that discover and fund promising startups, it will create an ecosystem which can collaborate with startups from the nascent stage, while seeking large-scale investment in shares if their technologies become advanced.

Since 2018, Hyundai Mobis has been actively making direct investments in local and overseas companies that develop future mobility technologies. In 2018, it invested in a Korean startup StradVision which possesses deep learning-based camera image detection technology.

Last year, it clinched a 60 billion won investment deal with Velodyne Lidar to mass-produce Level 3 autonomous driving Lidar systems.

By Kim Da-sol (ddd@heraldcorp.com)





  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.